Valuers Registration Regulation 2024
sch.1-sec.10Professional fees generally
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sch.1-sec.10 Professional fees generally
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. A registered valuer must, if asked by a client, give the client information about how a fee charged for a valuation is calculated. (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. (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.
- (a) a fee based on a stated outcome;
- (b) a fee that might reasonably be expected to prejudice the valuer’s advice as an independent expert.