Section 14 — VALUERS, APPRAISERS AND ESTATE AGENTS ACT 1981

(a)

a Register of Valuers, Appraisers, Estate Agents and Property

Managers which shall be in four Parts:

(i)

Part I which shall contain the names, business addresses, qualifications and other particulars of registered valuers;

Valuers, Appraisers, Estate Agents and Property Managers 21

(ii)

Part II which shall contain the names, business addresses, qualifications and other particulars of registered appraisers;

(iii)

Part III which shall contain the names, business addresses, qualifications and other particulars of registered estate agents; and

(iv)

Part IV which shall contain the names, business addresses, qualifications and other particulars of registered property managers;

(b)

Register of Probationary Valuers, Probationary Estate Agents and Probationary Property Managers which shall contain the names, business addresses, qualifications and other particulars of probationary valuers, probationary estate agents and probationary property managers; and

(c)

a Register of Firms which shall be in four Parts:

(i)

Part I which shall contain the names, addresses and other particulars of firms carrying on practice as valuers;

(ii)

Part II which shall contain the names, addresses and other particulars of firms carrying on practice as appraisers;

(iii)

Part III which shall contain the names, addresses and other particulars of firms carrying on practice as estate agents; and

(iv)

Part IV which shall contain the names, addresses and other particulars of firms carrying on practice as property managers.

(1A)

(Deleted by Act A980).

22 Laws of Malaysia ACT 242

(2)

The Registers shall be kept and maintained at the office of the Board and shall be open to inspection by any person on payment of a fee prescribed by the Board.

(3)

No amendment or alteration shall be made in the Registers without the matter having been decided upon at a meeting of the Board and the decision recorded in the minutes of such meeting and all amendments or alterations in the Registers shall be initialed by the Registrar.

(4)

In the event of an order or decision cancelling, suspending or reinstating, or of any other order or decision affecting, the registration of any valuer, appraiser, estate agent or property manager, or of any probationary valuer, probationary estate agent or probationary property manager, or of any firm under the provisions of this Act, the Board shall cause an entry to be made in the appropriate Register.

(5)

Every person whose name appears on the Register of Estate Agents under the deleted subsection (1A) before the coming into force of such deletion shall be deemed to be transferred to Part III of the Register.

Registrar