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of <h1>New Valuers Rules: Revised Eligibility, Reporting Duties & Fee Structures Effective Nov 21, 2022.</h1> The Companies (Registered Valuers and Valuation) Amendment Rules, 2022, effective from November 21, 2022, introduce several changes to the 2017 rules. Key amendments include revising eligibility criteria, mandating registered valuers to report changes in personal or company details to authorities, and requiring registered valuers organizations to notify authorities about changes in their governing boards. The amendments also clarify membership conditions for directors in valuation companies and specify relevant educational qualifications for asset classes like 'plant and machinery' and 'land and building.' Additionally, new fee structures for various changes are outlined in Annexure V.
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