Valuation examination requirement confirms competence of registered valuers, with prescribed syllabus, published format, recognition and pass acknowledgment. The rule requires a valuation examination to assess individuals seeking registration as valuers, permitting the authority to conduct or delegate the exam, recognise prior educational courses or equivalent university examinations for eligibility, and tie eligibility to specified qualifications, experience and registered valuers organisation membership. The authority sets the syllabus on expert committee recommendations, determines format, frequency and qualifying marks, publishes these details in advance, issues acknowledgement to successful candidates, and allows unlimited attempts to sit the examination.
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Valuation examination requirement confirms competence of registered valuers, with prescribed syllabus, published format, recognition and pass acknowledgment.
The rule requires a valuation examination to assess individuals seeking registration as valuers, permitting the authority to conduct or delegate the exam, recognise prior educational courses or equivalent university examinations for eligibility, and tie eligibility to specified qualifications, experience and registered valuers organisation membership. The authority sets the syllabus on expert committee recommendations, determines format, frequency and qualifying marks, publishes these details in advance, issues acknowledgement to successful candidates, and allows unlimited attempts to sit the examination.
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