7Meaning of “qualified valuer”

7 Meaning of “qualified valuer”

7 Meaning of “qualified valuer”

For the purposes of the meaning of qualified valuer in section 26 (7) of the Act, the following classes of persons are prescribed—

(a) the members of the Australian Valuers Institute (other than associate or student members),

(b) the members of the Australian Property Institute (other than student or provisional members) who acquired membership in connection with their occupations as valuers,

(c) the persons who hold membership of the Royal Institution of Chartered Surveyors as chartered valuers.