Registration as a valuer requires specific qualifications in the relevant discipline plus prescribed post qualification experience. Registration as a valuer requires specific educational credentials and minimum post qualification experience tied to the asset class: a post graduate degree/diploma plus three years' subsequent experience, or a Bachelor's degree or equivalent plus five years' subsequent experience, or statutory professional institute membership plus three years' experience after membership; qualifying education and experience for asset classes are indicated in Annexure IV and 'equivalent' refers to professional and technical qualifications recognised by the Ministry of Human Resources and Development.