Sri Lanka Consolidated Acts

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Institute of Valuers of Sri Lanka Law (No. 33 of 1975) - Sect 25

Meaning of " practise " as " Valuer. "

25. For the purposes of this Law, a person shall be deemed to practise as a Valuer, if, in consideration of remuneration received or to be received whether by himself or in partnership with any other person he-
(a) engages himself in the practice of valuation of immovable property or holds himself out to the public as a Valuer of immovable property; or
(b) renders professional service or assistance in respect of matters of principle or detail relating to valuation of immovable property; or
(c) certifies a report on the value of any immovable property; or
(d) renders any other service which may be prescribed by the Council to be service constituting practice as a Valuer.


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