Malaysia legislation
Section 9
Section 9
(2)
The Board shall consist of the following members to be appointed by the Minister:
(a)
the Director General who shall be the President of the Board;
(b)
six registered valuers from the public service;
(c)
four registered valuers who have had at least six years’
professional experience as valuers and have been nominated by the Institution of Surveyors (Malaysia) or other professional body that the Board may from time to time recognize to represent valuers;
16 Laws of Malaysia ACT 242
(cc)
three registered estate agents nominated by the President of the
Board with at least six years experience as estate agents;
(d)
three registered valuers nominated by the President of the Board.;
and
(e)
three registered property managers nominated by the President of the Board.
(3)
The persons referred to in paragraphs (2)(c), (cc), (d) and (e) shall be citizens and practising their profession in Malaysia.
(4)
If the body referred to in paragraph (2)(c) fails to submit the panel of valuers within three months after being so requested in writing by the Minister or there is no professional body representing valuers, the Minister may make the appointments referred to in that paragraph on the advice of the Director
General.
(5)
In the case of the first appointees to the Board such appointees shall within six months of the Board being first established be registered under the relevant provisions of this Act as registered valuers.
(5A)
In the case of the first appointees to the Board referred to in paragraph
(2)
such appointees shall within six months of their appointment be registered under the relevant provisions of this Act as registered estate agents.
(6)
The members of the Board appointed under paragraphs (2)(b), (c), (cc),
(d)
and (e) shall hold office for three years or for such shorter period as the
Minister may specify and shall be eligible for reappointment.
(7)
If any member of the Board dies or resigns or has his appointment revoked, a new member shall as soon as practicable be appointed in his place and the member so appointed shall hold office for the remainder of the term for which his predecessor was appointed.
(8)
The First Schedule shall have effect with respect to the Board.
(9)
The Minister may, by order published in the Gazette, amend the First
Schedule.
Valuers, Appraisers, Estate Agents and Property Managers 17
Functions of the Board