Professional Standards
Setting the benchmark. Upholding integrity. Protecting the public.
Valuation, land administration and property practice in Papua New Guinea operate within a framework of national legislation, professional obligations, ethical expectations and recognised valuation principles.
Our Commitment
PNGIVLA encourages members to remain informed of relevant laws, professional standards and guidance applicable to their work.
Integrity
Upholding honesty, objectivity and independence.
Competence
Maintaining professional care and up-to-date knowledge.
Accountability
Transparency, confidentiality and proper management of conflicts of interest.
Public Interest
Acting in the best interests of the community and the nation.
Professional and International Standards
PNGIVLA may refer members to recognised professional and valuation standards used internationally. PNGIVLA will confirm which standards it has formally adopted, endorsed or recognised.
International Valuation Standards (IVSC)
Global standards for valuation practice.
View standards for International Valuation Standards (IVSC)RICS Valuation Standards
Professional standards and conduct reference point.
View standards for RICS Valuation StandardsAPI Standards and Professional Guidance
Australian Property Institute professional guidance.
View standards for API Standards and Professional GuidanceEthical Principles
PNGIVLA encourages members to uphold integrity, objectivity, independence, competence, confidentiality, professional care, transparency, accountability, public interest, and proper management of conflicts of interest.
Updates & Notifications
- No updates yet.
Papua New Guinea Legislative Framework
Relevant legislation and regulatory materials include the following.
- Valuation Act 1967 View source for Valuation Act 1967
- Valuation (Amendment) Act 2022 Link to be confirmed
- Land Act Link to be confirmed
- Land registration legislation Link to be confirmed
- Physical planning legislation Link to be confirmed
- Customary land legislation Link to be confirmed
Disclaimer
The materials listed on this page are provided for general information only and do not constitute legal advice. Members should refer to the current official legislation, regulations, professional standards and guidance applicable to their work. Where necessary, members should seek independent legal or professional advice.
Promoting Excellence. Protecting the Public.
Professional standards build confidence in the profession and a strong, transparent and sustainable land sector.