Introduction -- Applicability of this code -- Fundamental principles -- Fundamental principles - guidance -- Appendix 1 threats and safeguards -- Appendix 2 discussion of fundamental principles.

This code has been prepared in order to promote ethical practice and conduct in valuation. It outlines five fundamental principles of conduct to which a professional valuer is expected to adhere when providing a valuation service. It provides guidance on the conceptual approach that should be adopted in applying the fundamental principles. Appendix 1 identifies the principal categories of threat that may compromise a professional valuer's ability to comply with the fundamental principles and the types of safeguard that may be appropriate to avoid or mitigate those threats. Appendix 2 offers additional discussion of the fundamental principles.