Valuers Registration Regulation 2024 (Qld)

Valuers Registration Regulation 2024

Part 1 Preliminary

1 Short title This regulation may be cited as the Valuers Registration Regulation 2024.

Part 2 Registration

2 Certificates of competence and CPD compliance— Act , ss 30 and 36B For sections 30(b)(i) and 36B(1)(b) and (c) of the Act, each of the following institutes is prescribed— (a) the Australian Property Institute; (b) the Property Institute of New Zealand; (c) the Royal Institution of Chartered Surveyors; (d) the Singapore Institute of Surveyors and Valuers.

3 CPD for registered valuers— Act , s 36B (1) For section 36B(1)(a) of the Act, the CPD prescribed is that, for each CPD period, a registered valuer spends at least 10 hours in total on— (a) if the board gives the valuer a CPD notice before the start of the CPD period—CPD activities that satisfy the requirements stated in the notice; or (b) otherwise—any 1 or more CPD activities. (2) In this section— CPD activity means any of the following activities— (a) attending seminars, conferences, workshops, field days or addresses about property matters that are conducted by the board, professional organisations, industry bodies or employers; (b) preparing and presenting papers about property matters; (c) writing and circulating or publishing articles about property matters; (d) undertaking formal education about property matters; (e) undertaking informal education about property matters by perusing appropriate journals or similar documents. CPD notice, in relation to a CPD period, means a written notice that— (a) states the minimum number of hours a registered valuer must spend on 1 or more stated CPD activities during the CPD period; but (b) does not require a registered valuer to spend more than 10 hours in total on CPD activities during the CPD period. CPD period means a period— (a) starting on 1 May; and (b) ending on the next 30 April.