This Act makes provision for the valuation of property, for the registration of land valuers and for the establishment of a Papua and New Guinea Valuers Registration Board. The Act defines the procedures and criteria of valuation of property including land. There shall be various kinds of valuers, i.e. a valuer of urban land, a valuer of rural land or a valuer competent for both kinds of land. Land valuers shall be registered in accordance with this Act in the Register of Valuers.
This Act makes provision for the valuation of property, for the registration of land valuers and for the establishment of a Papua and New Guinea Valuers Registration Board. The Act defines the procedures and criteria of valuation of property including land. There shall be various kinds of valuers, i.e. a valuer of urban land, a valuer of rural land or a valuer competent for both kinds of land. Land valuers shall be registered in accordance with this Act in the Register of Valuers.
Consolidated version of 2006 of Chapter 327 taking into account amendments up to Act No. 33 of 1989.
Title:
Valuation Act 1967.
Country:
Papua New Guinea
Type of document:
Legislation
Date of original text:
Date of latest amendment: