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Property Valuation Act, 2014 (Act No. 17 of 2014)

Chapter 1 : Interpretation, Objects and Application

2. Objects of Act

 

 

The objects of this Act are to—

(a) give effect to the provisions of the Constitution which provide for land reform and to facilitate land reform through the regulation of the valuation of property;
(b) provide for the establishment of the Office of the Valuer-General;
(c) provide for the valuation of property that has been identified for purposes of land reform;
(d) provide a voluntary valuation service to departments; and
(e) provide for the setting of criteria and procedures and the monitoring of valuations.