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Valuers
Act [Chapter 27:18]
February 01, 2006
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Valuers
Act [Chapter 27:18]
Acts 5/1996 (Modified
by S.1. 206/1996), 22/2001.
AN ACT
to establish a Valuers Council; to provide for the registration of valuers
and the regulation of the practice of valuers in Zimbabwe; and to provide
for matters incidental to or connected with the fore-going.
[Date of commencement: 1st February, 2006 - fixed by Statutory Instrument
16 of 2006.]
PART
I
PRELIMINARY
1 Short
title and date of commencement
(1)
This Act may be cited as the Valuers Act [Chapter 27:18]1.
(2) This Act shall come into operation on a date to be fixed by the
President by statutory instrument2.
2 Interpretation
In this
Act—
(1) In this Act—
“certificate
of registration” means a certificate issued in terms of paragraph
(a) of subsection (3) of section twenty-two;
“chairman”
means the chairman of the Council and includes any member elected to
act as chairman under subsection (4) of section twelve;
“Council”
means the Valuers Council established by section three;
“employee”,
in relation to a body corporate, includes a director;
“immovable
property” includes a right in respect of or an interest in immovable
property;
“member”
means a member of the Council;
“Minister”
means the Minister of Local Government, Public Construction and National
Housing3 or any other Minister
to whom the President may, from time to time, assign the administration
of this Act;
“prescribed”,
unless otherwise specified, means prescribed in regulations made in
terms of section forty-five;
“Register”
means the Register of Valuers established in terms of subsection (1)
of section twenty-two;
“registered”
means registered as a valuer in terms of this Act;
“Registrar”
means the Registrar of Valuers referred to in section twenty-one;
“valuation
of immovable property” means the preparation of a written estimate
of the value of any immovable property.
(2) Subject to this Act
or any other enactment to the contrary, a person shall be deemed to
be practising as a valuer for the purposes of this Act if on one or
more occasions he undertakes the valuation of immovable property.
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1 This is the Chapter
number assigned by the Law Reviser.
2 1st February, 2006, fixed by Statutory Instrument 16 0f 2006.
3 Definition has been modified to reflect the assignment made by Statutory
Instrument 88/2001 following changes in Ministerial portfolios and responsibilities.
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