4. The general objects for which the Corporation is constituted are hereby declared to be-
| (a) to promote and foster the study of the science of valuation; |
|
| (b) to promote and foster the study of property management both urban and agricultural; |
|
| (c) to promote and foster the study of such branches of the law as are necessary for or relevant to the practice of valuation; |
|
| (d) to promote the acquisition, dissemination and interchange of knowledge relating to or connected with the science of valuation by-
| | (i) providing a forum for the presentation of papers and for holding discussions thereon, | | |
| | (ii) establishing and maintaining libraries, | | |
| | (iii) publishing matters of interest to persons engaged in the practice of valuation, and (iv) any other means; | | |
|
|
| (e) to conduct, or provide for the conduct of, qualifying examinations for membership of the Institute, and to provide or approve courses of study for such examinations, and to engage and remunerate lecturers and examiners; |
|
| (f) to award diplomas, certificates and other distinctions to persons, who have pursued courses of study provided or approved by the Institute and who have passed the examinations of the Institute; |
|
| (g) to award scholarships, exhibitions, bursaries and medals and other prizes; |
|
| (h) to assess the eligibility of candidates for admission to the various grades of membership ; |
|
| (i) to regulate the general conduct and the professional activities of persons practising as Valuers in order to ensure the maintenance of high standards in the profession; |
|
| (j) generally to protect and promote the interest and welfare and the rights and privileges of the profession of Valuers in Sri Lanka and of the public in relation to that profession; |
|
| (k) to express the opinion of the members of the Institute on legislative and, other matters affecting the profession of Valuers ; |
|
| (l) to enter into co-operation with organizations in or outside Sri Lanka having allied interests and functions and with professional organizations in Sri Lanka on matters of common interest; |
|
| (m) to advise and communicate with public authorities on matters relating to valuation; |
|
| (n) to undertake arbitration to determine any disputes on valuation which may be referred ; to the Institute; and |
|
| (o) to take such other measures, including the establishment and maintenance of data banks, as may be necessary for the benefit or advancement of those who practise valuation in Sri Lanka. |
|
|
Sri Lanka Consolidated Acts