PROPOSED MERGER by decree

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									Irish Auctioneers & Valuers Institute




          PROPOSED
                  MERGER



     Member Information Document
Irish Auctioneers & Valuers Institute                                          The Society of Chartered Surveyors




Towards a strong unified profession
Over the last 12 months, SCS and IAVI have been in discussions regarding a proposed merger. At the
outset, a Joint Working Group was asked by the respective Councils to examine a merger prospect and
to report back. The Group made a number of interim reports to the respective Councils during the
period and presented a final report in March 2010.

At their meetings in March 2010, both Councils took a decision to recommend the proposed merger
to their respective memberships at separate EGMs on 2nd June 2010. Both IAVI and SCS will operate
as a single entity effective 1st January 2011, if the proposal is endorsed by the membership of both
bodies.

Assuming the merger gets the support of members, the new body will represent the interests of over
4,000 individuals who collectively represent our industry. A merger will ensure a pooling of
resources, maintaining the best each organisation offers to members at present and enhancing and
augmenting those services in future.

We want to ensure that all members get the answers to any questions they may have. The purpose
of this document is to provide you with sufficient information about the proposed merger to allow
you to make an informed decision. The bulk of this document is presented in a Q & A format for that
purpose. In addition, IAVI members are being written to, with this proposal document, advising
them where they stand individually in terms of achieving the RICS qualification.

Both bodies will be holding a series of separate meetings in late April / early May 2010 to discuss the
merger with members at local level. We would also encourage you to contact members of the Joint
Working Group (whose details are given at the end of this booklet) with any queries.

This is an important step in the future of our profession. We would urge you to consider the facts and,
when the time comes, vote positively.




     Ken Cribbin                        Áine Myler            Peter Stapleton               Kersten Mehl
      President SCS                 President IAVI        Senior Vice President SCS       President Elect IAVI


                                                     page 2
                                                         Proposed Merger – Member Information Document




SECTION 1 – NAME OF NEW BODY ........................................................................................................................................................4


SECTION 2 – THE BENEFITS ..................................................................................................................................................................................4


SECTION 3 – EDUCATIONAL ISSUES ..................................................................................................................................................4


SECTION 4 – VIABILITY OF THE NEW BODY ........................................................................................................................6


SECTION 5 – MEMBER FIRM STATUS ..................................................................................................................................................7


SECTION 6 – SUBSCRIPTIONS ..........................................................................................................................................................................8


SECTION 7 – GOVERNANCE ................................................................................................................................................................................8


SECTION 8 – STAFF ..............................................................................................................................................................................................................12


SECTION 9 – PROFESSIONAL TITLES ..............................................................................................................................................12


SECTION 10 – BRANDING, COMMUNICATIONS & EVENTS ..............................................................13


SECTION 11 – INTERNATIONAL INVOLVEMENT ....................................................................................................13


SECTION 12 – TIMETABLE ....................................................................................................................................................................................13




Appendix 1: ROUTES TO CHARTERED STATUS..........................................................................................................14


Appendix 2: BRIEF SNAPSHOT ..................................................................................................................................................................18


Appendix 3: DO YOU NEED FURTHER INFORMATION? ............................................................................19




                                                                                                          page 3
Irish Auctioneers & Valuers Institute                                    The Society of Chartered Surveyors




SECTION 1 – NAME OF NEW BODY
Q 1.1    What will be the title of the new body?

A        The new body will be called Society of Chartered Surveyors Ireland (SCSI) and the new
         member designations will be FSCSI, MSCSI and AssocSCSI. Throughout this document the
         proposed body is referred to as SCSI. A number of alternate names for the new body were
         considered and, following consultation between IAVI, SCS and RICS, this title was agreed.



SECTION 2 – THE BENEFITS
Q 2.1    How do members benefit from a merger?

A        A Merger will:
         ❍ Ensure high and uniform educational standards for the property and construction sectors
           in Ireland
         ❍ Enhance the profile of the profession and create a strong platform for future growth
         ❍ Create a stronger, united voice when addressing government and policy makers
         ❍ Enhance the brand of Chartered Surveyors in Ireland
         ❍ Secure for the combined membership a definitive international professional qualification
           of the highest standing
         ❍ Ensure a pooling of resources, bringing the best each organisation offers to members,
           while maintaining, enhancing and augmenting those services going forward.

Q 2.2    What effect will this have on members in the workplace?

A        It is not envisaged that a significant change in work practices will result from a change in
         designation. The normal requirement that professionals only undertake work within their
         own competence will apply to all members of SCSI. Thus, IAVI members who have never
         been involved in the delivery of professional services such as CPO or arbitration work are
         unlikely to become involved without upskilling and the same would apply to SCS members
         as regards specialist agency work. A shared membership of a single professional body of
         the highest calibre can only strengthen the excellent relationships that have been the hallmark
         of how our respective memberships interact in the workplace. This will be for the benefit of
         clients and practices.



SECTION 3 – EDUCATIONAL ISSUES
Q 3.1    Do the current third level academic qualifications of the IAVI match those of the SCS?

A        Yes. The entry programme for ordinary IAVI membership, an Honours BSc in Property
         Studies is fully accredited in academic terms by SCS and therefore by RICS. The entry
         programme for Associate Membership of IAVI meets the criteria for AssocRICS / AssocSCS
         and therefore AssocSCSI.


                                                 page 4
                               Proposed Merger – Member Information Document




Q 3.2   What about the Assessment of Professional Competence (APC)?

A       In the future, all those who complete accredited degree courses will be eligible to pursue
        membership of SCSI by embarking on the APC process.



Q 3.3   Will all IAVI members become SCS and RICS members immediately?

A       Based on the RICS offer to IAVI of 17th March 2010, and on IAVI membership numbers as at
        1st March 2010, the following will be the position should a merger proceed:

 IAVI
 MEMBERS                                             Rep of Ireland   Northern Ireland   Elsewhere
 Already joint members                                    293               33               10
 Would become Fellows or Members immediately,
 depending on IAVI designation                                699              56           13

                    Those who need to complete a Route to Charter – see Appendix 1:

 Route 1:
 Will need to undertake final assessment interview
 only, with option for senior professional route              115               5            1
 Route 2:
 Will need to undertake one year of structured
 learning plus final assessment                               146               8
 Route 3:
 Will need to undertake full APC                              39                4
 Route 4:
 Will need to undertake 450 hours of bespoke
 study plus final assessment                               132                  4            1
 TOTAL OF MEMBERS                                         1428                 110          25
 AssocIAVI members admitted to non chartered
 status as AssocSCSI and AssocRICS                            283               2
 GRAND TOTALS                                             1711                 112          25


The RICS has set out the admissions and routes to chartered status above. More detail on these
routes is set out in Appendix 1.

Q 3.4   What happens to SCS trainees?

A       Approximately 152 SCS trainees who have been enrolled on the APC with the Society for at
        least 10 years and who have a Level 8 qualification will become MSCSI and be entitled to
        become MRICS should the merger proceed.




                                                     page 5
Irish Auctioneers & Valuers Institute                                   The Society of Chartered Surveyors




Q 3.5    What of IAVI members in Northern Ireland and elsewhere?

A        It is envisaged that IAVI members in Northern Ireland and elsewhere outside the Republic
         of Ireland will become Fellows, Members or Associates of RICS on a merger becoming
         effective. Those needing to complete a bridging mechanism to secure chartered status will
         have the option of completing that bridging through SCSI or RICS Northern Ireland, or
         elsewhere if based abroad. A separate document is being distributed to these IAVI members.


Q 3.6    Who determined the eligibility of IAVI members to secure chartered status?
A        The eligibility of each IAVI member and SCS trainee has been assessed by the RICS Education
         Office and accepted by the Membership Board within the RICS. RICS own the Charter and,
         in a merger context, it is theirs to offer.


Q 3.7    Will IAVI’s courses of education continue?
A        It is envisaged that SCSI will continue to offer these courses in future as long as there is
         demand for them.


Q 3.8    Where do the bodies stand in relation to CPD?
A        Both bodies have an identical mandatory CPD requirement, i.e. 60 hours in every three year
         period.




SECTION 4 – VIABILITY OF SCSI

Q 4.1   Is the business plan viable?
A        An examination of the feasibility of the proposed SCSI has been undertaken in conjunction
         with BDO and has concluded that one strong organization will have an enhanced viability.
         It will also ensure that the new body can retain and improve the best services provided to
         members by both the IAVI and the SCS and develop new services including proactive policy
         development and research.


Q 4.2    What do the two organisations bring to the table in asset terms?
A        Both bodies own unencumbered freehold Georgian buildings in Merrion Square (IAVI) and
         Wilton Place (SCS). Both have adequate cash reserves. The IAVI also has a Compensation
         Fund (see Q 4.5, Q 4.6) and a Benevolent Fund (see Q 4.7). Part of the assets will be used to
         pay for the once off costs of the merger. The 2009 audited accounts for both bodies, to be
         presented to their AGMs, will be available on the Members’ Sections of both bodies’ websites
         from 1st May 2010.




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                            Proposed Merger – Member Information Document




Q 4.3   Where would SCSI operate from?
A       It is anticipated that SCSI will operate from 38 Merrion Square. 5 Wilton Place may be let to
        produce income or sold to realise its asset value.


Q 4.4   How is it proposed to effect the merger, if approved?
A       SCS is a Company Limited by Guarantee with Charitable Status. There are substantial tax
        treatment benefits to be realised by SCSI pre and post the merger by retaining this status.
        The assets of both SCS and IAVI will become vested in SCSI.

Q 4.5 What is the IAVI Compensation Fund?

A       The IAVI voluntarily established a Compensation Fund that offers additional protection
        equivalent to 15 times the High Court bond in respect of deposits paid to IAVI Member Firms
        for property transactions in Ireland. IAVI Compensation Fund Limited is a wholly owned
        subsidiary of IAVI that will pass to SCSI in the event of a merger.



Q 4.6 Will the IAVI Compensation Fund continue to exist?

A       On the assumption that the Property Services (Regulation) Bill 2009 is passed into law in
        2010, this will remain in existence for 2011 and 2012 and afford protection as heretofore in
        respect of deposits paid by clients of those practices that were IAVI Member Firms in 2010.
        However, the fund would be effective only where those deposits are not covered by the new
        PSRA Compensation Fund, which it is expected may not offer retrospective cover for
        deposits. Thereafter, the fund’s assets would be ring-fenced for educational and research
        functions by SCSI.


Q 4.7   What about Benevolent Funds?

A       SCS members contribute on a voluntary basis to Lionheart, the Benevolent Fund for
        Chartered Surveyors worldwide and may make applications for assistance from that fund as
        needed. IAVI members contribute to the IAVI Benevolent Fund but it will be open to them,
        subsequent to a merger, to contribute to Lionheart on a similar basis to SCS members. It is
        envisaged that the cash within the IAVI Benevolent Fund will become an asset of the merged
        body and remain in Ireland.




SECTION 5 – MEMBER FIRM STATUS
Q 5.1   What will happen to IAVI Member Firm status?

A       It is not envisaged that SCSI will have Member Firm status.




                                               page 7
Irish Auctioneers & Valuers Institute                                     The Society of Chartered Surveyors




SECTION 6 – SUBSCRIPTIONS
Q 6.1       What subscription levels will apply?

A           All members will pay the following subscriptions based on 2010 levels. There will be no
            other compulsory levies.

  GRADE                                                 SCSI SUB              RICS SUB                       TOTAL
  Fellow (FRICS/FSCSI)                                    €445                 €379.45                     €824.45
  Member (MRICS/MSCSI) (over 6 years)                     €400                 €311.74                     €711.74
  Member (MRICS/MSCSI) (under 6 years)                    €310                 €186.20                     €496.20
  Associate (AssocRICS/AssocSCSI) (over 6 years)          €200                 €170.68                     €370.68
  Associate (AssocRICS/AssocSCSI) (under 6 years)         €200                 €128.36                     €328.36
  Academic Rate                                     50% of member rate         €128.36                        varies
  Part-Time Rate                                    50% of member rate   50% of normal rate                   varies
  Trainee                                                     €75                  N/A                         €75
  Associate Trainee                                           €0                   N/A                         €0
  Retired / Non Practicing                                    €40        10% of normal rate                   varies



SECTION 7 – GOVERNANCE
Q 7.1 What will the organisational structure of SCSI look like?

A        It will be as follows:


                                                    A.G.M.

                                                    Council
    Professional Practice Groups                                          Standing Committees


                                                                            SCS Registration Body
        Regional Committees
                                                                         x 8 Boards(as per Building Control Legislation)



                                          Board of Directors

      Finance Committee

                                            Executive Staff


It is envisaged that this proposed structure would be reviewed within a three year period.


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                              Proposed Merger – Member Information Document




Q 7.2   What will be the function and size of the SCSI Council?
A       Council will decide major policy issues and receive written reports from the Professional
        Practice Groups and Committees.
        Subject to Consultation, Council will normally comprise 21, as follows:
        • Outgoing President - Automatically a member of Council as Immediate Past President
        • Incoming President - Automatically a member for year of office and following year,
            once elected as President in advance of AGM by Council
        • Incoming Senior Vice President - Automatically a member of National Council, once
            elected as Senior VP in advance of AGM by Council
        • Incoming Second Vice President - Automatically a member of National Council, once
            elected as Second VP in advance of AGM by Council
        • The Honorary Treasurer - Automatically a member of National Council, once elected as
            Honorary Treasurer in advance of AGM by Council
        • 11 Members elected by the Professional Practice Groups as follows: Property Services
            & Agency (3), Quantity Surveying (3), Building Surveying (1), Property Management
            (1), Geomatics (1), Planning & Development (1) and Rural & Minerals (1).
        • A member elected by each Standing Committee bar Finance (Treasurer deemed
            elected) – 4 in total
        • A member elected by Young Members


Q 7.3   What will be the function and size of the SCSI Board?
A       The Board will be responsible for overseeing the operation of the company, including finances
        and will meet 10 times annually, taking interim policy decisions as required, subject to
        Council ratification on major issues.
        The Board of Directors will be elected by the membership annually and normally comprise
        8, to include 5 officers and one board member from each of (a) the Quantity Surveying, (b)
        Property Services/Agency and (c) the other Practice Groups collectively.

Q 7.4   What about a Regional Structure?

A       Both bodies have regional organisations operating as Regional Councils (IAVI) or Regional
        Groups (SCS). Subject to consultation and agreement with members in the Regions in
        relation to geographic representation and the method of election to be used, it is proposed
        that an effective regional structure will also be created for SCSI.

               IAVI current Regional Councils in the Republic of Ireland represent:

 North Leinster,            Connaught &          Munster,                   The South East, comprising
 Cavan & Monaghan           Donegal              excluding Waterford        South Leinster & Waterford

                                SCS current Regional Groups represent:

 Southern                   South East           Mid Western                Western

Both the IAVI’s Regions and SCS’s Groups fulfil similar functions, i.e. provision of local CPD and promotion
of the profession to local colleges, social events and local PR. They are supported in each case by Head
Office and the President and chief staff officer in each instance visit the regions once or twice per annum.


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Irish Auctioneers & Valuers Institute                                   The Society of Chartered Surveyors




Q 7.5    What is the position of Professional Practice Groups?

A        Subject to consultation, Professional Practice Groups, with relevant subgroups, will be
         formed to represent –
         ❍ Building Surveying
         ❍ Geomatics
         ❍ Property Management
         ❍ Property Services and Agency
         ❍ Planning & Development
         ❍ Quantity Surveying
         ❍ Rural & Minerals

         Subject to consultation with the membership, these Groups will elect their own leadership
         teams at AGMs annually, prepare their own work plans and implement same. However, they
         will keep Council aware of activities and not incur major expenditure without prior approval
         of the Board. Groups will report to Council in writing in advance of its quarterly meetings.

Q 7.6    What Committees will exist?

A        Subject to consultation with the membership, five Standing Committees will be appointed by
         Council as follows –
         ❍ Communications (including publications) and Events
         ❍ Education
         ❍ International Involvement
         ❍ Regulation
         ❍ Finance

         Committees will be responsible for managing their own affairs. Policy issues are reserved to
         Council, the Board or, in certain cases (e.g. rules of conduct) the members. The Finance
         Committee will report on a monthly basis to the Board of Directors. Major expenditure items
         must be approved by the Board of Directors. All other committees must report to Council in
         writing in advance of the latter’s quarterly meetings.

Q 7.7    Who would be the first President of the new body?

A        It is anticipated that Peter Stapleton and Kersten Mehl will become joint Presidents of SCSI
         on 1st January 2011. At the first AGM of SCSI in April/May 2011, it is anticipated that John
         Curtin, a QS member of SCS, will succeed as sole president, to be succeeded in turn by Roland
         O’Connell at the 2012 AGM.

         It is envisaged that the presidency of SCSI would primarily rotate between the two main
         professional practice groups, i.e. Property Services/Agency and Quantity Surveying, with
         smaller groups each having a President elected less frequently.

         Thus, within a given period of 10 years, the two main Groups could each expect to hold the
         presidency four times and the four smaller groups could expect to hold it twice between
         them.


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                             Proposed Merger – Member Information Document




Q 7.8    What will happen to young members in SCSI?

A        The YCS and the IAVI Young Members will be reformed into the new merged entity and will
         be entitled to elect a member to Council. SCSI will have a wealth of young talent and the
         intention is to use that talent to maximum effect so that young members gain every available
         advantage from membership, while the new organisation will gain maximum benefit from
         the active participation of its young members. Liaison with colleges will also be enhanced
         and every opportunity taken to ensure that graduates move to undertaking the APC
         seamlessly on leaving college and securing employment.

Q 7.9    Who will regulate members of SCSI?

A        Depending on their Practice Group, members will be regulated by the following:
         ❍ RICS/SCSI – all members will be bound by the Articles, Bye-Laws and Regulations of
           both the RICS and SCSI
         ❍ SCS Registration Body – all registered Quantity Surveyors and Building Surveyors will
           be regulated by the Building Control Act, 2007 via the SCS Registration Body. The SCS
           Registration Body will become an integral part of SCSI.
         ❍ Property Services Regulatory Authority – all Property Service Providers, as defined in
           the legislation, will be regulated by the PSRA, when it comes into force.

Q 7.10   What levels of Professional Indemnity Insurance will be required for members?

A        Members will be expected to have the following minimum levels of P.I cover:

         The Bye-Laws and Regulations of SCSI will set down minimum requirements of professional
         indemnity insurance that members are required to carry as follows:

         1) The minimum amount of cover required under this schedule shall be
            a) €375,000 for each and every claim where the gross income of the firm in the
               proceeding year did not exceed €150,000;

            b) €750,000 for each and every claim where the gross income of the firm in the
               proceeding year exceeded €150,000 but did not exceed €300,000

            c) €1,500,000 for each and every claim where the gross income of the firm in the
               proceeding year exceeded €300,000

            and the uninsured excess under any such policy of insurance shall not exceed:

                i. In the case of a policy with a limit of indemnity of up to and including €750,000 a
                    maximum of 2.5% of the sum insured or €15,000 whichever shall be greater.
                ii. In the case of a policy with a limit of indemnity of more than €750,000 a maximum
                    of 2.5% of the sum insured under these regulations.

         2) Members shall insure by means of policy of insurance no less comprehensive than the
            form of the RICS Professional Indemnity Insurance Policy in force at the time when the
            policy of insurance is taken out.


                                                page 11
Irish Auctioneers & Valuers Institute                                       The Society of Chartered Surveyors




Q 7.11 Which P.I. policy schemes will be available to members of SCSI?

A        IAVI brokers, J C Collins & Co and SCS brokers, Marsh, will continue to offer members the
         same high standard of service. It is envisaged that the merger will create more competition
         for members’ insurance business rather than restrict or diminish that competition.

Q7.12    What will happen to the SCS Registration Body?

A        The Building Control Act, 2007 appointed the SCS as the Registration Body for the title of
         Quantity Surveyors and Building Surveyors. The SCS Registration Body will continue under
         the remit of SCSI.

Q7.13    What will the new bodies relationship be with RICS Ireland?

A        The SCS has recently concluded an agreement with the RICS setting out the principles
         informing the relationship between the SCS and RICS Ireland. An RICS Ireland Board is
         soon to be established whose remit will be to:
         ❍ Award the professional qualifications and designatory letters (RICS)
         ❍ Set and promote regulatory standards
         ❍ Promote professional standards

         The new body that may be established on foot of a merger will continue to function as the
         members’ organisation including, but not limited to, education, continuing professional
         development, communications, public affairs and political lobbying of the Oireachtas and
         Public Bodies, fulfil its responsibilities under the various Acts of the Oireachtas, nomination
         and appointment of arbitrators and experts, and representing Irish Chartered Surveyors on
         International bodies as a distinctly Irish voice strengthening the role of Chartered Surveyors
         in Europe and beyond. It is envisaged that the new body will continue to fulfil the agreement
         with the RICS.


SECTION 8 – STAFF
Q 8.1    What happens to staff?

A        Both bodies have been well served by staff over the years. Where appropriate, members of
         staff will be considered for available posts in the Society of Chartered Surveyors Ireland
         having regard to the skill sets required by the new body and any other relevant factors.


SECTION 9 – PROFESSIONAL TITLES
Q 9.1    As an IAVI member can I still call myself an auctioneer? As an SCS member would I be
         entitled to call myself an auctioneer?

A        ‘Auctioneer’ is the term used to describe estate agents in Ireland, whether commercial,
         agricultural or residential and stems from the need to secure an Auctioneer’s Licence annually.
         The word auctioneer may in time reduce in significance after the Property Services (Regulation)
         Bill 2009 is enacted, as that Bill refers to Property Service Providers, as opposed to Auctioneers.
         Chartered members of the new body will describe themselves as Chartered Surveyor.

         It is expected that those chartered members of SCSI who see market merit in the term may
         use the title Chartered Surveyor and Auctioneer.

                                                  page 12
                             Proposed Merger – Member Information Document




SECTION 10 – BRANDING, COMMUNICATIONS & EVENTS
Q 10.1 What will become of the respective brands, websites, publications and events?

A        Branding will be of the utmost importance to SCSI and it will effectively promote itself, in
         tandem with the RICS brand, to Government, the public, the media and kindred professional
         bodies. It is expected that SCSI will undertake a full review of all communication and event
         activities with a view to enhancing the services currently offered.



SECTION 11 – INTERNATIONAL INVOLVEMENT
Q 11.1 What will become of our international involvement?

A        Both bodies are members of a number of international organisations and SCSI will continue
         to be a member of relevant bodies.



SECTION 12 – TIMETABLE
Q 12.1   What is the proposed SCS/IAVI merger timetable?

A        It is as follows:
         Late April / May 2010: Both SCS and IAVI will separately hold a series of meetings around
         the country to inform members and listen to their views.
         11 May 2010: Ballot paper will issue from both bodies to paid up members entitled to vote.
         2 June 2010: Separate Extraordinary General Meetings. The required majorities are 50% +
         1 of voting members for SCS, as no dissolution of SCS is involved and 75% of voting members
         for IAVI, as dissolution of IAVI is involved for the reason set out in the answer to Q. 4.4.
         June to December 2010: Joint Working Group/s, respective Councils and the executives of
         both bodies work towards implementing the merger.
         Late 2010: An EGM of SCS will be called to approve changes to the existing Articles & Bye
         Laws of SCS so that these are in place to enable commencement of SCSI.
         1 January 2011: If the proposal is accepted, it is expected that the new entity will become
         operational from this date.
         April/May 2011: First AGM of SCSI.


Q 12.2 How will the 2010 accounts be audited?

A        In the event of a merger proceeding, the accounts of both bodies will be audited separately
         for the calendar year 2010 and both sets of audited accounts will be put to the members of
         the newly merged body at the 2011 AGM for approval and adoption.




                                                page 13
Irish Auctioneers & Valuers Institute                                   The Society of Chartered Surveyors




                                        APPENDICES


Appendix 1 – Routes to Chartered Status
Summaries of the four routes to chartered status that have been agreed by the IAVI with the Royal
Institution of Chartered Surveyors, (RICS) are shown below. They are broadly reflective of the SCS
Assessment of Professional Competence (APC) system and will enable relevant IAVI members to
‘bridge the gap’ between the IAVI member’s current educational qualification and experience and that
required for chartered status. The summaries give the main features of each mechanism but not all
the details. Members will be assisted in fulfilling the requirements of the process by the IAVI and/or
its successor.


ROUTE 1:

‘Final Assessment Interview of APC on a ‘Senior Professional’ basis where appropriate’.

The ‘Assessment of Professional Competence’ (APC) is the practical training and experience which,
when combined with academic qualifications leads to chartered status.

The APC normally consists of a period of structured training and a final assessment interview. IAVI
members who are offered the ‘Senior Professional’ bridging mechanism are exempt from the
requirement for the period of structured training, (ie the keeping of a log and the preparation of a
‘critical analysis’).

The ‘Final Assessment Interview’ is an interview of approximately one hour’s duration. It is normally
conducted by a panel of three assessors one of whom chairs the session.

The ‘Senior Professional’ route to chartered status is designed for professionals with experience and
a good range and length of management of people and resources. Fellows or Members of the IAVI
with at least 10 years experience including pre and post IAVI membership, are very likely to be in this
category.

The questions asked by the assessment board when assessing an application for charter on the ‘Senior
Professional’ basis will be based on the information contained in the ‘assessment submission’ which
members will be asked to make. This submission will include an expanded résumé of experience, a
record of professional development over the last three years and three 500 word case studies. This
should not be difficult for an experienced professional.


ROUTE 2:

‘One year of ‘structured learning’ plus Final Assessment Interview’.

‘Structured learning’.
This is what is known as the ‘Experience or Adaptation Route’ through the Assessment of Professional
Competence, (APC) and involves:


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                            Proposed Merger – Member Information Document




  • The appointment of a supervisor and counselor and the choice of an APC pathway
  • Selection of competencies
  • Training, experience and professional development
  • Recording daily training in a diary and summarizing this monthly in a logbook
  • Regular meetings with supervisor and counselor
  • Preparation for final assessment submissions- records of training and professional development
    and a 3000 word critical analysis.
  • Application for final assessment
  • Final assessment interview

Your supervisor and counselor will assist you in this process.

‘Final Assessment Interview’
At the interview you will be questioned on:
  • The ten minute presentation you make about your ‘critical analysis’.
  • Your final assessment submissions including your professional development record.
  • The broader aspects of your experience and knowledge, including ethics, rules of conduct and
    current issues of concern to the profession.

The assessors will base the questioning on the law and practice of the Republic of Ireland or Northern
Ireland, whichever is relevant.


ROUTE 3:

‘Two years of ‘structured learning’ plus Final Assessment Interview’

This mechanism is the normal two year APC process that applies to graduates of accredited courses
who wish to achieve chartered status and is more commonly known as the ‘Graduate Route’ through
the APC.

‘Structured learning’.
The Assessment of Professional Competence, (APC) involves:
  • The appointment of a supervisor and counselor and the choice of an APC pathway
  • Selection of competencies
  • Training, experience and professional development
  • Recording daily training in a diary and summarizing this monthly in a logbook
  • Regular meetings with supervisor and counselor
  • Preparation for final assessment submissions- records of training and professional development
    and a 3000 word critical analysis.
  • Application for final assessment
  • Final assessment interview

Your supervisor and counselor will assist you in this process.

                                               page 15
Irish Auctioneers & Valuers Institute                                     The Society of Chartered Surveyors




‘Final Assessment Interview’
At the interview you will be questioned on:
  • The ten minute presentation you make about your ‘critical analysis’.
  • Your final assessment submissions including your professional development record.
  • The broader aspects of your experience and knowledge, including ethics, rules of conduct and
    current issues of concern to the profession.

The assessors will base the questioning on the law and practice of the Republic of Ireland or Northern
Ireland or indeed foreign country of your residence, whichever is relevant.


ROUTE 4:

‘Final Assessment Interview plus 450 hours ‘bespoke study’’.

The Final Assessment Interview for this bridging mechanism, takes place after the ‘450 hours of
bespoke study’. The Final Assessment Interview will include:
  • A presentation and discussion of your ‘critical analysis’,
  • A discussion on your overall experience including lifelong learning (CPD), competencies, Rules
    of Conduct and professional practice.
  • You may also be asked about the broader aspects of your experience and knowledge, including
    ethics, rules of conduct and current issues of concern to the profession.

This route does not require you to keep a log book.

The 450 hours of bespoke study must come from an RICS/SCS accredited degree or diploma course.
These hours should be obtained before you start preparing for the Final Assessment Interview.

In countries where the ‘European Credit Transfer System’ (ECTS) for educational credits operates,
(this includes Ireland) “450 hours of bespoke study” is roughly equivalent to 20 ECTS credits.

Probably the most straightforward way of obtaining these 20 credits is for members to enroll for
modules on appropriate courses of study. For IAVI members, part-time courses are likely to be the
most suitable.

A list of suitable modules from the part-time degree programme of the IAVI is given opposite. It may
be possible to add to this list at a later date. It is possible that the time required for the completion
of some of the modules could be reduced. This will depend on the number of members opting to do
them.




                                                 page 16
                              Proposed Merger – Member Information Document




                                                   Table 1:
     List of part-time modules from the IAVI/DIT BSc(Hons) in Property Studies.

Module name                           Summary of content                    Assessment method
(no of credits in brackets)

Feasibility Study (10)                An individual feasibility study.      Assessment of submitted site
Six lecture sessions plus self        Students are encouraged to            selection report and assessment
directed learning.                    contact their tutor at any stage of   of final study. Initial site
Normal duration: one academic         the project.                          selection 25 marks. Final study
year (Oct to June) but could be                                             report 95 marks.
less.

Valuations IV (10)                    Builds on basic valuations            Two formal written unseen
22 lecture sessions plus optional     modules. Includes: statutory          examinations. 60 marks each.
study groups.                         valuations, CPO, valuation
Normal duration: one academic         standards, property taxation,
year (Oct to June).                   property finance, investment
                                      valuation, forestry valuation and
                                      international real estate.

Urban Land Development (10)           Urban economics, urban              One formal written examination
11 lecture sessions plus private      development, land use trends
study.                                and policies, infrastructure, urban
Normal duration: one academic         policy, planning, community,
year (Oct to June).                   development appraisal,
                                      development process, funding,
                                      economic land use appraisal
                                      techniques.

Integrated applications (10)          A series of lectures by visiting      Three essays, one on each theme.
11 lecture sessions plus private      experts around three themes.          Each essay is submitted
study.                                The themes are: planning and          separately some time after the
Normal duration: one academic         development, economics and            lectures on the theme have
year (Oct to June)                    rural affairs.                        finished.

Dissertation (20)                     A piece of academic writing of        Independent assessment of the
Three introductory lectures plus a    about 12,000 to 15,000 words on       submitted dissertation by at least
‘dissertation day’, plus a possible   an approved property related          two readers who do not include
‘proposal workshop’.                  topic of the student’s choice.        the student’s supervisor. The
Normal duration: one calendar         Lectures and workshops are            reading assessment is
year (Oct to Oct) but could be        given for guidance. Students are      supplemented by an interview.
less.                                 allocated a supervisor for the
                                      proposal preparation and a
                                      supervisor for the dissertation
                                      itself.


                                                    page 17
Irish Auctioneers & Valuers Institute                                 The Society of Chartered Surveyors




                                        BRIEF SNAPSHOT

                                              Founded

                                              SCS 1895
                                              IAVI 1922




                                               Status

                             Both organisations are professional bodies




                                            Legal Form

         Both bodies are Companies limited by guarantee, the SCS also being a
       Registered Charity. IAVI Compensation Fund Limited is a wholly owned
                                          subsidiary of IAVI.




                                           Membership

                                             IAVI: 1850
                               SCS: 2200 plus a further 1000 trainees




                                          Joint members

                  293 (IAVI/SCS) and 43 (IAVI/RICS outside the Republic of Ireland)




                                                page 18
                                    Proposed Merger – Member Information Document




Do you need any further information?
Throughout the period leading up to the vote, it will be important for all members to be given
the opportunity to consider the facts. If there are any issues on which you are unclear, or would
like further information, please do not hesitate to contact any member of the Joint Working
Group (whose details are given below).

Joint Working Group:

   Derry Scully SCS....................................................      derry.scully@bruceshaw.ie
   Edward Carey IAVI ..............................................          edward@careyauctioneers.ie
   Peter Stapleton SCS ..............................................        pstapleton@lisney.com
   Roland O’Connell IAVI ........................................            roland.oconnell@savills.ie
   Pauline Daly SCS ..................................................       pauline.daly@eu.jll.com
   Paddy Jordan IAVI ................................................        paddy@jordan-auctioneers.ie
   P J Power SCS ........................................................    pj@powerandassociates.ie
   Alan Cooke IAVI ....................................................      cooke@iavi.ie
   Ciara Murphy SCS ................................................         cmurphy@scs.ie

Financial Sub Group:

   Richard Mossop SCS ............................................           richard@dlmp.ie
   Brendan Donohoe IAVI ........................................             087 244 2531
   Austin Hickey BDO ..............................................          ahickey@bdo.ie
   Ciara Murphy SCS ................................................         cmurphy@scs.ie
   Alan Cooke IAVI ....................................................      cooke@iavi.ie

Staffing Sub Group:

   Peter Stapleton SCS ..............................................        pstapleton@lisney.com
   Kersten Mehl IAVI ................................................        kersten@kerstenmehl.com
   Derry Gray BDO ....................................................       dgray@bdo.ie
   Alan Cooke IAVI ....................................................      cooke@iavi.ie
   Ciara Murphy SCS ................................................         cmurphy@scs.ie

Communications Sub Group:

   Paddy Jordan IAVI ................................................        paddy@jordan-auctioneers.ie
   P J Power SCS ........................................................    pj@powerandassociates.ie
   Jeff Smith IAVI........................................................   jeff@smithauctioneers.ie
   Pauline Daly SCS ..................................................       pauline.daly@eu.jll.com
   Austin Hickey BDO ..............................................          ahickey@bdo.ie
   Ciara Murphy SCS ................................................         cmurphy@scs.ie
   Alan Cooke IAVI              ..........................................   cooke@iavi.ie




                                                                page 19

								
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