APIV Scheme Renewal Application 2021-2026

The API is proud to announce that its Australian Property Institute Valuers Limited (APIV) Professional Standards Scheme renewal application for 2021-2026 has been considered by the Professional Standards Councils (PSC) and is now open for public consultation.

Subject to the approval of the PSC and after publication in the Victorian Government Gazette, the Scheme is anticipated to come into effect on 1 September 2021 and will expire on 31 August 2026.

The new APIV scheme has been enhanced to provide:

  • a more attractive ‘per valuation’ capping mechanism
  • expansion of the Low Risk Categories
  • inclusion of CPV (Plant and Machinery) category
  • expansion of the Scheme to cover a range of occupational activities undertaken by the occupational group (CPVs and RPVs)

How do I make a submission?

We encourage our Members to provide submissions in support of the application. Please see attached the following documents for further information:

  1. The PSC’s Notice of the proposed APIV Scheme
  2. The proposed APIV Scheme Instrument
  3. The APIV Public Consultation Document

The Professional Standards Council of Victoria invites comments and submissions to be made in writing, preferably by letter, and received by the Chief Executive Officer, Professional Standards Councils, by COB 31 March 2021.

The Professional Standards Councils is located at:

Level 2, St James Centre,

111 Elizabeth Street, Sydney, NSW, 2000.

Website: psc.gov.au

Email: pscinfo@psc.gov.au 

Telephone: 1300 555 772 / (02) 8315 0800.

Comments and submissions received will be public, unless confidentiality is specifically requested, and will be subject to the Freedom of Information Act 1982 (Vic).

Questions?

Any questions, please email APIVAdmin@api.org.au.