Corporate Membership
This classification of membership is for the Corporation only and does not include any individual memberships of auctioneers and/or valuers
Corporate Members:
- Must be incorporated under the Corporations Law;
- Must have a Certified Practising Auctioneer or Valuer Member of the AVAA in their employment
- Must appoint a nominee in the form set out in Appendix 2 to this Constitution, , to act on the Company’s behalf at meetings and exercise the Corporate Member’s right to vote;. The Nominee must be
- a Certified Practising Auctioneer or Valuer Member of the AVAA, or
- a person who is deemed acceptable to the AVAA Board;
- Must, if they conduct auctions and receive money on behalf of a person/business/company, maintain a trust account and must provide the Board with a certificate from a registered company auditor within the meaning of the Corporations Law to the satisfaction of the Board no more than once a year as required under Rule 11.5 hereof;
- Must, prior to carrying out auctions and/or valuations not act in such capacity until evidence of professional indemnity insurance has been submitted and approved by the Board.
CERTIFIED PRACTISING AUCTIONEER MEMBER
A Certified Practising Auctioneer Member:
- Must conduct an auction sale at least once a year. The Board of the AVAA Inc may grant exemption here in extenuating circumstances;
- Must be working as an auctioneer at the time of application for membership;
- Must have worked as an auctioneer for at least 2 years prior to the time of application for membership or satisfy the Board as to their competence, experience and suitability for this category of membership;
- If the Certified Practising Auctioneer conducts auctions and receives money on behalf of a person/business/company,:
- if acting as a Sole Trader, the Auctioneer must maintain a trust account and must provide the Board with a certificate from a registered company auditor within the meaning of the Corporations Law to the satisfaction of the Board no more than once a year as required under Rule 11.5 hereof; OR
- If in the employ of a non-corporate member, the company by whom the Auctioneer is employed must maintain a trust account and must provide the Board with a certificate from a registered company auditor within the meaning of the Corporations Law to the satisfaction of the Board no more than once a year as required under Rule 11.5 hereof.
- Must, prior to carrying out auctions, not act in such capacity until evidence of professional indemnity insurance has been submitted and approved by the Board; and
- Must satisfy the Board as to their competence as an auctioneer and as to their good character.
CERTIFIED PRACTISING VALUER MEMBER
A Certified Practising Valuer member:
- Must conduct valuations on a regular basis. The Board of the AVAA Inc may grant exemption here in extenuating circumstances;
- Must be working as a valuer of goods at the time of application for membership;
- Must have worked as a valuer of goods for at least 5 years prior to the time of application for membership or satisfy the Board as to their competence, experience and suitability for this category of membership;
- Must not act in such capacity of valuer until evidence of professional indemnity insurance has been submitted and approved by the Board; and
- Must satisfy the Board as to their competence as a valuer of goods and as to their good character.
ASSOCIATE MEMBER
An Associate member:
- Must, if conducting auctions/valuations, satisfy the Board that they are working towards qualification as a Certified Practising Auctioneer or Valuer
- Be working in an industry or organisation with affiliations or ties to the auctioneering and/or valuation industry and must satisfy the Board as to their suitability for this category of Membership
- is not entitled to vote at any Annual General Meeting or General Meeting of AVAA Inc. as detailed under Rule 12.3 hereof;
- is not entitled to use the AVAA Inc. registered Logo;
- may only mention their employer’s trading name on AVAA Inc website or any list compiled by AVAA Inc. if it forms part of their own email address, if applicable;
- can and must only use the membership designation ‘Associate AVAA’;
- are required to declare on application to uphold the AVAA’s ethics and professional standards in all dealings.
LIFE MEMBER
A Life Member: may be any person who in the opinion of the Board has represented The AVAA (supporting its principal objects) with distinction.