Registered valuer update obligations: mandatory intimation of changes and fees for personal, entity and organisation alterations. Amendments establish mandatory intimation duties for registered valuers and registered valuers organisations to notify the authority of changes in personal details, partner or director composition, and material amendments to governing documents, with prescribed fees set out in a newly inserted Annexure V (Table I and Table II); they also modify eligibility and membership conditions including prohibition on dual RVO membership with transitional compliance, clarify that a whole time director in a company registered as valuer is not treated as employment for surrender/expulsion purposes, and add a nomenclature note for specified asset classes.
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Registered valuer update obligations: mandatory intimation of changes and fees for personal, entity and organisation alterations.
Amendments establish mandatory intimation duties for registered valuers and registered valuers organisations to notify the authority of changes in personal details, partner or director composition, and material amendments to governing documents, with prescribed fees set out in a newly inserted Annexure V (Table I and Table II); they also modify eligibility and membership conditions including prohibition on dual RVO membership with transitional compliance, clarify that a whole time director in a company registered as valuer is not treated as employment for surrender/expulsion purposes, and add a nomenclature note for specified asset classes.
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