Registration of valuers requires prescribed qualifications, declaration of impartiality, conflict of interest restraint and prescribed report formats. Registration of valuers requires maintenance of a register by specified tax administrators and entry of persons who possess prescribed qualifications and complete the prescribed application, verification and fee formalities. Applicants must declare that they will conduct impartial and true valuations, furnish valuation reports in the prescribed form, charge fees not exceeding prescribed rates, and refrain from valuing assets in which they have a direct or indirect interest. Valuation reports by registered valuers must follow prescribed form and verification.