Submissions open on Valuers Bill

The Valuers Bill seeks to reenact the Valuers Act 1948. It would provide for the registration of land valuers and the establishment of the New Zealand Institute of Valuers.

The bill is a revision bill which is a bill that is used to re-enact legislation in an up-to-date and accessible form.

The bill would not make any substantial policy changes to the original legislation and would make minor changes to correct inconsistencies and omissions.

It is intended that the bill will be rewritten using plain language and modern drafting style. The scope of the changes the committee can recommend on the bill are narrow.

Alongside the bill, the Primary Production Committee is also considering an amendment paper that would amend the bill.

Amendment Paper 286 would increase the penalties for offences under the law, remove the requirement that a registered valuer be over the age of 23 years, and expand the Valuers Registration Board’s disciplinary powers.

According to a recent Section 7 report presented to the House by the Attorney-General, the age restriction listed under the original bill (that no one under the age of 23 years can be a registered valuer) would be inconsistent with the right to freedom from discrimination under the New Zealand Bill of Rights Act 1990.

To make a submission on the Valuers Bill or the proposed amendment, head to the Parliament website.

The closing date for submissions on the bill is 11.59pm on Friday, 27 June 2025.