A practising valuer must hold the applicable annual certificate of practice. A valuation firm—formed as a partnership of two or more practising valuers—must hold an annual licence of practice, and each partner must hold an individual certificate of practice. A temporary certificate of practice may be issued to eligible non-resident professional valuers for specific work or a defined period. Refer to sections 23–27 of the Act.
ICVU is committed to a valuation profession founded on competence, integrity, accountability and public confidence. The Institute’s work is guided by the Valuation Act, 2026 and applicable regulations, National Valuation Standards and the Professional Code of Ethics.
For the complete legal provisions, consult the Valuation Act, 2026 (PDF) .