{"id":"qld:sl-2024-0154","name":"Valuers Registration Regulation 2024","slug":"valuers-registration-regulation-2024","collection":"regulation","jurisdiction":"qld","status":"in_force","isInForce":true,"actNumber":"154 of 2024","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":173728,"registerId":"qld-sl-2024-0154-current","compilationNumber":null,"startDate":"2026-04-05","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"pt.1","sectionType":"part","heading":"Preliminary","content":"# Preliminary","sortOrder":0},{"sectionNumber":"sec.1","sectionType":"section","heading":"Short title","content":"### sec.1 Short title\n\nThis regulation may be cited as the Valuers Registration Regulation 2024 .","sortOrder":1},{"sectionNumber":"pt.2","sectionType":"part","heading":"Registration","content":"# Registration","sortOrder":2},{"sectionNumber":"sec.2","sectionType":"section","heading":"Certificates of competence and CPD compliance— Act , ss 30 and 36B","content":"### sec.2 Certificates of competence and CPD compliance— Act , ss 30 and 36B\n\nFor sections 30 (b) (i) and 36B (1) (b) and (c) of the Act , each of the following institutes is prescribed—\nthe Australian Property Institute;\nthe Property Institute of New Zealand;\nthe Royal Institution of Chartered Surveyors;\nthe Singapore Institute of Surveyors and Valuers.\n- (a) the Australian Property Institute;\n- (b) the Property Institute of New Zealand;\n- (c) the Royal Institution of Chartered Surveyors;\n- (d) the Singapore Institute of Surveyors and Valuers.","sortOrder":3},{"sectionNumber":"sec.3","sectionType":"section","heading":"CPD for registered valuers— Act , s 36B","content":"### sec.3 CPD for registered valuers— Act , s 36B\n\nFor section 36B (1) (a) of the Act , the CPD prescribed is that, for each CPD period, a registered valuer spends at least 10 hours in total on—\nif the board gives the valuer a CPD notice before the start of the CPD period—CPD activities that satisfy the requirements stated in the notice; or\notherwise—any 1 or more CPD activities.\nIn this section—\nCPD activity means any of the following activities—\nattending seminars, conferences, workshops, field days or addresses about property matters that are conducted by the board, professional organisations, industry bodies or employers;\npreparing and presenting papers about property matters;\nwriting and circulating or publishing articles about property matters;\nundertaking formal education about property matters;\nundertaking informal education about property matters by perusing appropriate journals or similar documents.\nCPD notice , in relation to a CPD period, means a written notice that—\nstates the minimum number of hours a registered valuer must spend on 1 or more stated CPD activities during the CPD period; but\ndoes not require a registered valuer to spend more than 10 hours in total on CPD activities during the CPD period.\nCPD period means a period—\nstarting on 1 May; and\nending on the next 30 April.\n(sec.3-ssec.1) For section 36B (1) (a) of the Act , the CPD prescribed is that, for each CPD period, a registered valuer spends at least 10 hours in total on— if the board gives the valuer a CPD notice before the start of the CPD period—CPD activities that satisfy the requirements stated in the notice; or otherwise—any 1 or more CPD activities.\n(sec.3-ssec.2) In this section— CPD activity means any of the following activities— attending seminars, conferences, workshops, field days or addresses about property matters that are conducted by the board, professional organisations, industry bodies or employers; preparing and presenting papers about property matters; writing and circulating or publishing articles about property matters; undertaking formal education about property matters; undertaking informal education about property matters by perusing appropriate journals or similar documents. CPD notice , in relation to a CPD period, means a written notice that— states the minimum number of hours a registered valuer must spend on 1 or more stated CPD activities during the CPD period; but does not require a registered valuer to spend more than 10 hours in total on CPD activities during the CPD period. CPD period means a period— starting on 1 May; and ending on the next 30 April.\n- (a) if the board gives the valuer a CPD notice before the start of the CPD period—CPD activities that satisfy the requirements stated in the notice; or\n- (b) otherwise—any 1 or more CPD activities.\n- (a) attending seminars, conferences, workshops, field days or addresses about property matters that are conducted by the board, professional organisations, industry bodies or employers;\n- (b) preparing and presenting papers about property matters;\n- (c) writing and circulating or publishing articles about property matters;\n- (d) undertaking formal education about property matters;\n- (e) undertaking informal education about property matters by perusing appropriate journals or similar documents.\n- (a) states the minimum number of hours a registered valuer must spend on 1 or more stated CPD activities during the CPD period; but\n- (b) does not require a registered valuer to spend more than 10 hours in total on CPD activities during the CPD period.\n- (a) starting on 1 May; and\n- (b) ending on the next 30 April.","sortOrder":4},{"sectionNumber":"sec.4","sectionType":"section","heading":"CPD for specialist retail valuers— Act , s 42FA","content":"### sec.4 CPD for specialist retail valuers— Act , s 42FA\n\nFor section 42FA (b) of the Act , the CPD prescribed is that, for each CPD period, a specialist retail valuer spends at least 5 hours in total on—\nif the board gives the valuer a CPD notice before the start of the CPD period—CPD activities that satisfy the requirements stated in the notice; or\notherwise—any 1 or more CPD activities.\nIn this section—\nCPD activity means any of the following activities—\nattending seminars, conferences, workshops, field days or addresses about retail rental valuation that are conducted by the board, professional organisations, industry bodies or employers;\npreparing and presenting papers about retail rental valuation;\nwriting and circulating or publishing articles about retail rental valuation;\nundertaking formal education about retail rental valuation;\nundertaking informal education about retail rental valuation by perusing appropriate journals or similar documents.\nCPD notice , in relation to a CPD period, means a written notice that—\nstates the minimum number of hours a specialist retail valuer must spend on 1 or more stated CPD activities during the CPD period; but\ndoes not require a specialist retail valuer to spend more than 5 hours in total on CPD activities during the CPD period.\nCPD period see section 3 (2) .\n(sec.4-ssec.1) For section 42FA (b) of the Act , the CPD prescribed is that, for each CPD period, a specialist retail valuer spends at least 5 hours in total on— if the board gives the valuer a CPD notice before the start of the CPD period—CPD activities that satisfy the requirements stated in the notice; or otherwise—any 1 or more CPD activities.\n(sec.4-ssec.2) In this section— CPD activity means any of the following activities— attending seminars, conferences, workshops, field days or addresses about retail rental valuation that are conducted by the board, professional organisations, industry bodies or employers; preparing and presenting papers about retail rental valuation; writing and circulating or publishing articles about retail rental valuation; undertaking formal education about retail rental valuation; undertaking informal education about retail rental valuation by perusing appropriate journals or similar documents. CPD notice , in relation to a CPD period, means a written notice that— states the minimum number of hours a specialist retail valuer must spend on 1 or more stated CPD activities during the CPD period; but does not require a specialist retail valuer to spend more than 5 hours in total on CPD activities during the CPD period. CPD period see section 3 (2) .\n- (a) if the board gives the valuer a CPD notice before the start of the CPD period—CPD activities that satisfy the requirements stated in the notice; or\n- (b) otherwise—any 1 or more CPD activities.\n- (a) attending seminars, conferences, workshops, field days or addresses about retail rental valuation that are conducted by the board, professional organisations, industry bodies or employers;\n- (b) preparing and presenting papers about retail rental valuation;\n- (c) writing and circulating or publishing articles about retail rental valuation;\n- (d) undertaking formal education about retail rental valuation;\n- (e) undertaking informal education about retail rental valuation by perusing appropriate journals or similar documents.\n- (a) states the minimum number of hours a specialist retail valuer must spend on 1 or more stated CPD activities during the CPD period; but\n- (b) does not require a specialist retail valuer to spend more than 5 hours in total on CPD activities during the CPD period.","sortOrder":5},{"sectionNumber":"pt.3","sectionType":"part","heading":"Code of professional conduct","content":"# Code of professional conduct","sortOrder":6},{"sectionNumber":"sec.5","sectionType":"section","heading":"Code of professional conduct","content":"### sec.5 Code of professional conduct\n\nFor section 66 (2) of the Act , the code of professional conduct for valuers consists of—\nthe provisions of schedule 1 ; and\nif the board approves a document for inclusion in the code—the approved document.\nTo the extent of any inconsistency between a provision of schedule 1 and a document mentioned in subsection (1) (b) , the provision of schedule 1 prevails.\nIf the board approves a document for inclusion in the code, the board must—\npublish the document on the board’s website; and\nkeep copies of the document available for inspection, at the board’s office, by members of the public during business hours; and\ngive each registered valuer a written notice stating—\nthat the board has approved the document for inclusion in the code; and\nthe version number or other identifying information for the document; and\nthe day on which the document takes effect as part of the code.\nFor subsection (3) (c) (iii) , the day stated in the notice must be—\nfor a document published by the Australian Property Institute—at least 5 days after the day the notice is given; or\nfor another document—at least 30 days after the day the notice is given.\nThe document takes effect as part of the code on the day stated in the notice.\ns 5 amd 2025 SL No. 33 s 3\n(sec.5-ssec.1) For section 66 (2) of the Act , the code of professional conduct for valuers consists of— the provisions of schedule 1 ; and if the board approves a document for inclusion in the code—the approved document.\n(sec.5-ssec.2) To the extent of any inconsistency between a provision of schedule 1 and a document mentioned in subsection (1) (b) , the provision of schedule 1 prevails.\n(sec.5-ssec.3) If the board approves a document for inclusion in the code, the board must— publish the document on the board’s website; and keep copies of the document available for inspection, at the board’s office, by members of the public during business hours; and give each registered valuer a written notice stating— that the board has approved the document for inclusion in the code; and the version number or other identifying information for the document; and the day on which the document takes effect as part of the code.\n(sec.5-ssec.4) For subsection (3) (c) (iii) , the day stated in the notice must be— for a document published by the Australian Property Institute—at least 5 days after the day the notice is given; or for another document—at least 30 days after the day the notice is given.\n(sec.5-ssec.5) The document takes effect as part of the code on the day stated in the notice.\n- (a) the provisions of schedule 1 ; and\n- (b) if the board approves a document for inclusion in the code—the approved document.\n- (a) publish the document on the board’s website; and\n- (b) keep copies of the document available for inspection, at the board’s office, by members of the public during business hours; and\n- (c) give each registered valuer a written notice stating— (i) that the board has approved the document for inclusion in the code; and (ii) the version number or other identifying information for the document; and (iii) the day on which the document takes effect as part of the code.\n- (i) that the board has approved the document for inclusion in the code; and\n- (ii) the version number or other identifying information for the document; and\n- (iii) the day on which the document takes effect as part of the code.\n- (i) that the board has approved the document for inclusion in the code; and\n- (ii) the version number or other identifying information for the document; and\n- (iii) the day on which the document takes effect as part of the code.\n- (a) for a document published by the Australian Property Institute—at least 5 days after the day the notice is given; or\n- (b) for another document—at least 30 days after the day the notice is given.","sortOrder":7},{"sectionNumber":"pt.4","sectionType":"part","heading":"Fees","content":"# Fees","sortOrder":8},{"sectionNumber":"sec.6","sectionType":"section","heading":"Fees","content":"### sec.6 Fees\n\nThe fees payable under the Act are stated in schedule 2 .","sortOrder":9},{"sectionNumber":"pt.5","sectionType":"part","heading":"Repeal and transitional provision","content":"# Repeal and transitional provision","sortOrder":10},{"sectionNumber":"pt.5-div.1","sectionType":"division","heading":"Repeal","content":"## Repeal","sortOrder":11},{"sectionNumber":"sec.7","sectionType":"section","heading":"Repeal","content":"### sec.7 Repeal\n\nThe Valuers Registration Regulation 2013, No. 167 is repealed.","sortOrder":12},{"sectionNumber":"pt.5-div.2","sectionType":"division","heading":"Transitional provision for Valuers Registration Amendment Regulation 2025","content":"## Transitional provision for Valuers Registration Amendment Regulation 2025","sortOrder":13},{"sectionNumber":"sec.8","sectionType":"section","heading":"API rules continue to have effect as part of code of professional conduct","content":"### sec.8 API rules continue to have effect as part of code of professional conduct\n\nThis section applies until a document, approved by the board under new section 5(1)(b), takes effect as part of the code of professional conduct for valuers.\nDespite the repeal of former section 5(1)(b)(ii), the API rules continue to have effect as part of the code of professional conduct for valuers.\nAlso, former section 5(2) continues to apply as if the reference in the provision to a document mentioned in subsection (1)(b)(i) or (ii) were a reference to the API rules.\nIn this section—\nAPI rules means the document called ‘Rules of Professional Conduct’ published by the Australian Property Institute with an effective date of 31 March 2024.\nThe API rules are available on the Australian Property Institute’s website.\nformer , in relation to a provision of this regulation, means the provision as in force immediately before the commencement.\nnew , in relation to a provision of this regulation, means the provision as in force from the commencement.\ns 8 ins 2025 SL No. 33 s 6\n(sec.8-ssec.1) This section applies until a document, approved by the board under new section 5(1)(b), takes effect as part of the code of professional conduct for valuers.\n(sec.8-ssec.2) Despite the repeal of former section 5(1)(b)(ii), the API rules continue to have effect as part of the code of professional conduct for valuers.\n(sec.8-ssec.3) Also, former section 5(2) continues to apply as if the reference in the provision to a document mentioned in subsection (1)(b)(i) or (ii) were a reference to the API rules.\n(sec.8-ssec.4) In this section— API rules means the document called ‘Rules of Professional Conduct’ published by the Australian Property Institute with an effective date of 31 March 2024. The API rules are available on the Australian Property Institute’s website. former , in relation to a provision of this regulation, means the provision as in force immediately before the commencement. new , in relation to a provision of this regulation, means the provision as in force from the commencement.","sortOrder":14},{"sectionNumber":"sch.1-pt.1","sectionType":"part","heading":"Duty to client","content":"# Duty to client","sortOrder":15},{"sectionNumber":"sch.1-sec.1","sectionType":"section","heading":"Acting in client’s interests","content":"### sch.1-sec.1 Acting in client’s interests\n\nA registered valuer, in making a valuation for a client—\nmust act in the client’s interests; and\nmust not do anything that—\nbenefits the valuer or another person without benefiting the client; or\ndisadvantages the client.\n- (a) must act in the client’s interests; and\n- (b) must not do anything that— (i) benefits the valuer or another person without benefiting the client; or (ii) disadvantages the client.\n- (i) benefits the valuer or another person without benefiting the client; or\n- (ii) disadvantages the client.\n- (i) benefits the valuer or another person without benefiting the client; or\n- (ii) disadvantages the client.","sortOrder":16},{"sectionNumber":"sch.1-sec.2","sectionType":"section","heading":"Confidentiality","content":"### sch.1-sec.2 Confidentiality\n\nThis section applies in relation to information contained in a valuation that a registered valuer makes for a client.\nThe registered valuer must not—\ndisclose the information to a person other than the client; or\nuse the information other than for the client’s benefit.\nSubsection (2) (a) does not apply—\nto the extent the information is disclosed—\nwith the written consent of the client; or\nin compliance with a lawful process requiring production of documents to, or giving of evidence before, a court or tribunal; or\nas otherwise required by law; or\nif the information is publicly available at the time of the disclosure.\n(sch.1-sec.2-ssec.1) This section applies in relation to information contained in a valuation that a registered valuer makes for a client.\n(sch.1-sec.2-ssec.2) The registered valuer must not— disclose the information to a person other than the client; or use the information other than for the client’s benefit.\n(sch.1-sec.2-ssec.3) Subsection (2) (a) does not apply— to the extent the information is disclosed— with the written consent of the client; or in compliance with a lawful process requiring production of documents to, or giving of evidence before, a court or tribunal; or as otherwise required by law; or if the information is publicly available at the time of the disclosure.\n- (a) disclose the information to a person other than the client; or\n- (b) use the information other than for the client’s benefit.\n- (a) to the extent the information is disclosed— (i) with the written consent of the client; or (ii) in compliance with a lawful process requiring production of documents to, or giving of evidence before, a court or tribunal; or (iii) as otherwise required by law; or\n- (i) with the written consent of the client; or\n- (ii) in compliance with a lawful process requiring production of documents to, or giving of evidence before, a court or tribunal; or\n- (iii) as otherwise required by law; or\n- (b) if the information is publicly available at the time of the disclosure.\n- (i) with the written consent of the client; or\n- (ii) in compliance with a lawful process requiring production of documents to, or giving of evidence before, a court or tribunal; or\n- (iii) as otherwise required by law; or","sortOrder":17},{"sectionNumber":"sch.1-sec.3","sectionType":"section","heading":"Disclosure of interest in land","content":"### sch.1-sec.3 Disclosure of interest in land\n\nIf a registered valuer has a direct or indirect interest in land, the valuer must not make a valuation of the land, or of improvements to the land, for a client unless—\nthe valuer discloses the nature of the valuer’s interest to the client; and\nafter the disclosure is made, the client gives the valuer written approval to make the valuation.\nIn this section—\ndirect or indirect interest , in land, includes an interest in improvements to the land.\nimprovements means—\nsite improvements under the Land Valuation Act 2010 , section 23 ; or\nnon-site improvements under the Land Valuation Act 2010 , section 24 .\n(sch.1-sec.3-ssec.1) If a registered valuer has a direct or indirect interest in land, the valuer must not make a valuation of the land, or of improvements to the land, for a client unless— the valuer discloses the nature of the valuer’s interest to the client; and after the disclosure is made, the client gives the valuer written approval to make the valuation.\n(sch.1-sec.3-ssec.2) In this section— direct or indirect interest , in land, includes an interest in improvements to the land. improvements means— site improvements under the Land Valuation Act 2010 , section 23 ; or non-site improvements under the Land Valuation Act 2010 , section 24 .\n- (a) the valuer discloses the nature of the valuer’s interest to the client; and\n- (b) after the disclosure is made, the client gives the valuer written approval to make the valuation.\n- (a) site improvements under the Land Valuation Act 2010 , section 23 ; or\n- (b) non-site improvements under the Land Valuation Act 2010 , section 24 .","sortOrder":18},{"sectionNumber":"sch.1-sec.4","sectionType":"section","heading":"Production of certificate of registration","content":"### sch.1-sec.4 Production of certificate of registration\n\nA registered valuer must, on the request of a client, produce the valuer’s certificate of registration for inspection by the client.","sortOrder":19},{"sectionNumber":"sch.1-pt.2","sectionType":"part","heading":"Professional responsibility","content":"# Professional responsibility","sortOrder":20},{"sectionNumber":"sch.1-sec.5","sectionType":"section","heading":"No predetermined result of valuation","content":"### sch.1-sec.5 No predetermined result of valuation\n\nA registered valuer must not make a valuation if the instructions to make the valuation require a predetermined result.","sortOrder":21},{"sectionNumber":"sch.1-sec.6","sectionType":"section","heading":"Valuation experience","content":"### sch.1-sec.6 Valuation experience\n\nA registered valuer must not make a valuation for which the valuer does not have the appropriate experience, other than under the supervision of another registered valuer who has the appropriate experience.\nA registered valuer must not make a valuation of a commercial property unless the valuer has, or makes the valuation under the supervision of a registered valuer who has, experience in making valuations of commercial property.","sortOrder":22},{"sectionNumber":"sch.1-sec.7","sectionType":"section","heading":"Valuation report","content":"### sch.1-sec.7 Valuation report\n\nA registered valuer who prepares a written report about a valuation must include the following information in the report—\ndetails of the valuer’s qualifications relevant to the valuation;\nthe valuer’s number in the register;\nthe date each inspection relevant to the valuation was carried out by the valuer;\nthe date the valuation was made.\nThe registered valuer must sign and date the report.\n(sch.1-sec.7-ssec.1) A registered valuer who prepares a written report about a valuation must include the following information in the report— details of the valuer’s qualifications relevant to the valuation; the valuer’s number in the register; the date each inspection relevant to the valuation was carried out by the valuer; the date the valuation was made.\n(sch.1-sec.7-ssec.2) The registered valuer must sign and date the report.\n- (a) details of the valuer’s qualifications relevant to the valuation;\n- (b) the valuer’s number in the register;\n- (c) the date each inspection relevant to the valuation was carried out by the valuer;\n- (d) the date the valuation was made.","sortOrder":23},{"sectionNumber":"sch.1-sec.8","sectionType":"section","heading":"Advertising","content":"### sch.1-sec.8 Advertising\n\nA registered valuer must not advertise a service provided by the valuer in a way that—\nis likely to create false expectations about the result of the service; or\nis otherwise misleading or deceptive or likely to be misleading or deceptive; or\nis likely, directly or indirectly—\nto injure the professional reputation of another valuer; or\nto damage the reputation of the valuation profession.\n- (a) is likely to create false expectations about the result of the service; or\n- (b) is otherwise misleading or deceptive or likely to be misleading or deceptive; or\n- (c) is likely, directly or indirectly— (i) to injure the professional reputation of another valuer; or (ii) to damage the reputation of the valuation profession.\n- (i) to injure the professional reputation of another valuer; or\n- (ii) to damage the reputation of the valuation profession.\n- (i) to injure the professional reputation of another valuer; or\n- (ii) to damage the reputation of the valuation profession.","sortOrder":24},{"sectionNumber":"sch.1-sec.9","sectionType":"section","heading":"Statements about another valuer or profession","content":"### sch.1-sec.9 Statements about another valuer or profession\n\nA registered valuer must not make a statement to another person about the professional reputation of another valuer or the reputation of the valuation profession that—\nis false or malicious; or\nis misleading or deceptive or is likely to be misleading or deceptive; or\nis made without good faith and intended, directly or indirectly—\nto injure the professional reputation of the other valuer; or\nto damage the reputation of the profession.\n- (a) is false or malicious; or\n- (b) is misleading or deceptive or is likely to be misleading or deceptive; or\n- (c) is made without good faith and intended, directly or indirectly— (i) to injure the professional reputation of the other valuer; or (ii) to damage the reputation of the profession.\n- (i) to injure the professional reputation of the other valuer; or\n- (ii) to damage the reputation of the profession.\n- (i) to injure the professional reputation of the other valuer; or\n- (ii) to damage the reputation of the profession.","sortOrder":25},{"sectionNumber":"sch.1-pt.3","sectionType":"part","heading":"Professional fees","content":"# Professional fees","sortOrder":26},{"sectionNumber":"sch.1-sec.10","sectionType":"section","heading":"Professional fees generally","content":"### sch.1-sec.10 Professional fees generally\n\nA registered valuer who makes a valuation must not charge either of the following fees for the valuation—\na fee based on a stated outcome;\na fee that might reasonably be expected to prejudice the valuer’s advice as an independent expert.\nA registered valuer must, if asked by a client, give the client information about how a fee charged for a valuation is calculated.\n(sch.1-sec.10-ssec.1) A registered valuer who makes a valuation must not charge either of the following fees for the valuation— a fee based on a stated outcome; a fee that might reasonably be expected to prejudice the valuer’s advice as an independent expert.\n(sch.1-sec.10-ssec.2) A registered valuer must, if asked by a client, give the client information about how a fee charged for a valuation is calculated.\n- (a) a fee based on a stated outcome;\n- (b) a fee that might reasonably be expected to prejudice the valuer’s advice as an independent expert.","sortOrder":27},{"sectionNumber":"sch.1-sec.11","sectionType":"section","heading":"Prohibition on contingency fees—valuation for deciding compensation","content":"### sch.1-sec.11 Prohibition on contingency fees—valuation for deciding compensation\n\nThis section applies if a registered valuer makes a valuation that may be used to decide the amount of compensation to be paid to a person.\nThe registered valuer must not—\nmake payment of the fee for the valuation contingent on the amount of compensation; or\nfix a fee for the valuation as a percentage of the amount of compensation.\n(sch.1-sec.11-ssec.1) This section applies if a registered valuer makes a valuation that may be used to decide the amount of compensation to be paid to a person.\n(sch.1-sec.11-ssec.2) The registered valuer must not— make payment of the fee for the valuation contingent on the amount of compensation; or fix a fee for the valuation as a percentage of the amount of compensation.\n- (a) make payment of the fee for the valuation contingent on the amount of compensation; or\n- (b) fix a fee for the valuation as a percentage of the amount of compensation.","sortOrder":28},{"sectionNumber":"sch.1-sec.12","sectionType":"section","heading":"Prohibition on contingency fees—valuation for deciding rates or other charges to be levied on land","content":"### sch.1-sec.12 Prohibition on contingency fees—valuation for deciding rates or other charges to be levied on land\n\nThis section applies if a registered valuer makes a valuation that is to be used to decide the rates or other charges to be levied on land.\nThe registered valuer must not make payment of the fee for the valuation contingent on the result of a proceeding about the correctness of the valuation.\n(sch.1-sec.12-ssec.1) This section applies if a registered valuer makes a valuation that is to be used to decide the rates or other charges to be levied on land.\n(sch.1-sec.12-ssec.2) The registered valuer must not make payment of the fee for the valuation contingent on the result of a proceeding about the correctness of the valuation.","sortOrder":29}],"analysis":{"issue_detection":{"absurdities":[],"contradictions":[]},"kimi_summary":{"content_quality":"ok","complexity_score":4,"scope_assessment":{"changed":false,"description":"The legislation remains focused on its original purpose: operationalising the Valuers Registration Act through registration requirements, professional standards, and fees. The 2025 amendment (section 8) adds transitional arrangements for the API rules, but this is a technical update rather than scope creep. The regulation does not expand beyond valuer registration and conduct into broader property law or valuation methodology."},"complexity_factors":["Moderate cross-referencing to the parent Act (Valuers Registration Act) without reproducing those provisions","Nested conditional logic in CPD requirements (if/then structures for board notices vs default activities)","Multiple defined terms (CPD activity, CPD notice, CPD period, API rules, former/new provisions) requiring careful tracking","Incorporation of external documents by reference (API Rules of Professional Conduct) with transitional arrangements","Parallel structure for general valuers vs specialist retail valuers creating near-duplicate sections with subtle differences","Hierarchy of documents in the code of conduct (Schedule 1 prevails over board-approved documents)","Transitional provision with 'former' and 'new' definitions creating temporal complexity"],"plain_english_summary":"This regulation sets the rules for registered property valuers in Queensland. It covers four main areas:\n\n**1. Who can become a registered valuer**\nThe regulation recognises certificates from four professional bodies as proof of competence: the Australian Property Institute, the Property Institute of New Zealand, the Royal Institution of Chartered Surveyors, and the Singapore Institute of Surveyors and Valuers.\n\n**2. Ongoing training requirements (CPD)**\nRegistered valuers must complete professional development each year (from 1 May to 30 April):\n- **General valuers**: at least 10 hours per year\n- **Specialist retail valuers**: at least 5 hours per year (focused on retail rental valuation)\n\nThese hours can be spent attending seminars, writing articles, formal study, or reading industry journals. The Valuers Registration Board can also issue specific notices requiring particular types of training.\n\n**3. Professional conduct rules**\nThe regulation includes a detailed code of conduct in Schedule 1 covering:\n- **Duties to clients**: acting in the client's interest, keeping information confidential, disclosing any personal interest in the property being valued\n- **Professional standards**: not agreeing to predetermined valuation outcomes, only undertaking work within your experience, properly documenting reports\n- **Ethical behaviour**: honest advertising, not making false statements about other valuers\n- **Fee rules**: banning 'success fees' (where payment depends on the valuation outcome), especially for compensation claims or rates disputes\n\n**4. Fees**\nSchedule 2 sets out the fees payable for registration and other services under the Act.\n\n**Why it matters**\nThis regulation ensures property valuations are conducted by qualified, up-to-date professionals who act independently and ethically. It protects consumers relying on valuations for major financial decisions—like buying property, settling insurance claims, or disputing council rates."},"flash_summary_failed":{"failed":true,"reason":"Unauthenticated. Configure AI_GATEWAY_API_KEY or use a provider module. Learn more: https://ai-sdk.dev/unauthenticated-ai-gateway","source":"analysis-cron"},"flash_summary":{"complexity_score":5,"scope_assessment":{"changed":true,"description":"The regulation repeals the 2013 instrument (s 7) and redefines the regulatory framework: it formalises minimum CPD hours for valuers and specialist retail valuers (secs 3–4), prescribes recognised institutes for certificates of competence (sec 2), and restructures the code of professional conduct to consist of Schedule 1 plus board‑approved documents with Schedule 1 prevailing on inconsistency (sec 5). It also temporarily preserves the Australian Property Institute's Rules of Professional Conduct pending board approval of replacement documents (sec 8)."},"complexity_factors":["Multiple cross‑references to the Valuers Registration Act (ss 30, 36B, 42FA, 66) creating dependency on the Act for operation (secs 2–5).","Board discretion to issue CPD notices and to approve external documents for inclusion in the code, affecting compliance content and timing (secs 3, 4, 5(1)(b), 5(3)).","Tiered CPD rules with definitions and notice‑controlled minima (10 hours general, 5 hours specialist) and a defined CPD period (sec 3; sec 4).","Incorporation and primacy rules between Schedule 1 and board‑approved documents (sec 5(2)), plus publication and notice requirements (sec 5(3)–(5)), creating administrative steps for the board and practitioners.","Transitional preservation of an external industry code (API rules) until board action, adding temporal complexity and potential overlap (sec 8).","Detailed professional obligations in Schedule 1 (confidentiality, conflicts, experience, reporting, advertising, fee prohibitions) that impose ongoing compliance and recordkeeping burdens on valuers (sch 1)."],"plain_english_summary":"This regulation sets the professional rules and continuing‑education requirements for registered valuers. It prescribes recognised institutes for certificates, requires 10 hours’ annual CPD for valuers (5 hours for specialist retail valuers), establishes a code of conduct (Schedule 1 plus board‑approved documents), sets reporting, confidentiality and fee limits, and repeals the 2013 regulation while temporarily preserving the Australian Property Institute’s Rules of Professional Conduct."},"summary":{"complexity_score":4,"scope_assessment":{"changed":false,"description":"The regulation appears to operate within its stated scope — replacing the 2013 regulation with updated CPD requirements, a revised professional conduct framework, and updated fee provisions. The 2025 amendment to the code of professional conduct mechanism (allowing board-approved documents) represents a modest structural change to how the conduct code is maintained, but this is an incremental refinement rather than a fundamental expansion or contraction of scope."},"complexity_factors":["Cross-references to multiple sections of a parent Act (the Valuers Registration Act) that are not reproduced here, requiring readers to consult separate legislation","Two distinct CPD regimes with different hour requirements (registered valuers vs specialist retail valuers), creating potential for confusion","Dynamic code of professional conduct that can be amended by board-approved documents, meaning the applicable rules can change over time without amending the regulation itself","Transitional provisions referencing both 'former' and 'new' versions of the same section, requiring careful chronological reading","Defined terms (CPD activity, CPD notice, CPD period, direct or indirect interest, improvements) that interact across multiple sections","Cross-references to the Land Valuation Act 2010 for definitions of 'improvements'","Different notice periods for implementation of conduct code documents depending on the source (5 days for API documents, 30 days for others)"],"plain_english_summary":"This regulation updates the rules for registered valuers in Queensland, replacing the 2013 regime. It sets who can certify valuers, requires ongoing professional development, imposes a binding code of conduct (conflicts, confidentiality, truthful reporting and limits on outcome‑based or contingency fees), and prescribes fees under the Act. \n\nIt directly affects registered valuers and the people and businesses who hire them, strengthening professional standards and protecting clients from conflicted advice and fee arrangements."}},"importantCases":[],"_links":{"self":"/api/acts/valuers-registration-regulation-2024","history":"/api/acts/valuers-registration-regulation-2024/history","analysis":"/api/acts/valuers-registration-regulation-2024/analysis","conflicts":"/api/acts/valuers-registration-regulation-2024/conflicts","importantCases":"/api/acts/valuers-registration-regulation-2024/important-cases","documents":"/api/acts/valuers-registration-regulation-2024/documents"}}