PSC

Professional Standards Council Scheme

In its commitment to service, the AVI is proud to advise consumers of our long standing relationship with the Professional

Standards Council through the Professional Standards Scheme that applies to our members with Practising Certificates. The

scheme requires occupational practice standards and requirements of valuers, which works toward a protection for consumers

of their services.

The scheme is administered by the AVI for the purpose of limiting occupational liability to the extent to which such liability may

be limited under the Professional Standards Act 1994. This is managed and controlled by the Professional Standards Council of

Australia through strict compliance guidelines, valuer qualifications and professional development requirements.

The Australian Valuers Institute is the only representative valuation body in Australia that can provide its membership with a

capped limited liability through the Valuers Scheme. Accountants, Surveyors, Engineers and Solicitors all have similar limited

liability schemes and are able to take protection from the liability limited provided. The Valuers Scheme under the PSC council

commenced on the 26th of July 2007. All property valuers and the firms that employ valuers should take full benefit of the

cover given.

We believe the implementation of this Limited Liability Scheme to be the best protection for valuers in the history of the valuation

industry.

For more details on the PSC scheme please select the PDF links below.