The South African Council for Valuers was established on 1 January 1983 by section 2 of the Valuers’ Act, 1982 (Act No. 23 of 1982). On 31 August 2001, the Council was replaced by the SA Council for the Property Valuers Profession established by section 2 of The Property Valuers Profession Act, 2000.
The Council’s main functions are the:
registration of Professional Valuers, Professional Associated Valuers and Candidate Valuers.; maintenance of their integrity; enhancement of their status; improvement of their academic and other qualifications and of the standard of services rendered by them; protection of members of the public in their dealings with registered persons; and drawing up and keeping up to date of a register of all registered persons
A statement of the month’s business showing, for each policy transaction, the policy number, the insured’s name, the premium or return premium in the appropriate column, commission, policy fee, and other financial information including the balance due to the company or to the agent.