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Section 21

Restrictions on valuation practice

of Valuers, Appraisers and Estate Agents Act 1981

ActIn forceProvision 24 of 53
Section 21

(1)

No person shall unless he is a registered valuer or appraiser and has been issued with an authority to practice under section 16—

(a)

practise or carry on business or take up employment under any name, style or title containing the words “Valuer”, “Appraiser”,

“Land Economist”, “Property Consultant”, or the equivalent thereto in any language or bearing any other word whatsoever in

Valuers, Appraisers, Estate Agents and Property Managers 29

any language which may reasonably be construed to imply that he is a registered valuer or appraiser or that he is engaged in the practice or business;

(aa) (Deleted by Act A1550).

(ab) carry on business or take up employment as a valuer or an appraiser;

(b)

display any signboard, or use, distribute or circulate any card, letter, pamphlet, leaflet, notice or any form of advertisement, implying either directly or indirectly that he is a registered valuer or appraiser;

(c)

undertake for a fee or other consideration any of the work enumerated in section 19; or

(d)

be entitled to recover in any court any fee, charge or remuneration for any professional advice or services rendered as a valuer or appraiser.

(2)

(Deleted by Act A1550).

(3)

(Deleted by Act A1550).

(4)

The provisions relating to restrictions on valuation practice in subsection (1) shall apply mutatis mutandis to a firm.