Amendment paper released alongside proposed re-enactment
The government has announced that a bill seeking to rewrite the Valuers Act 1948 in modern, plain language and drafting style and to make the rules clear, accessible, and easy to use has passed its first reading in Parliament.
“The Valuers Bill is on the Government’s revision programme for 2024-2026 as part of our ongoing work to keep legislation current and accessible,” said Judith Collins, attorney-general, in a news release from the government.
According to the bill’s explanatory note, the re-enactment aims to:
In its news release, the government noted that the Valuers Act 1948 established the governing system for registering and disciplining land valuers, the Valuers Registration Board, and the New Zealand Institute of Valuers.
The government also announced the release of an amendment paper alongside the bill’s introduction to enable the primary production select committee to consider the bill and the amendment paper and seek public feedback on both.
Chris Penk, land information minister, said the amendment paper seeks to address minor issues in the Valuers Act 1948 that the bill, as introduced, could not amend under the current statutory revision scheme.
In the news release, Penk added that the amendment paper aims to make operational adjustments in line with other occupational regulation enactments and changes consistent with legislation like the New Zealand Bill of Rights Act 1990 and the Legislation Guidelines.