History of Bureau of Property Volunteer

        The Bureau was founded in 1981 under the Academic Division, Department of Lands. Its original name was "Central Valuation Authority" In 1984 the cabinet approved its listed of duties: to value assets i.e., land, unit in condominium for taxes and transaction fees.

        The name was changed to the Property Valuation Vureau in 2000 and the office was transferred to the Treasury Department, Mimistry of finance on 9 October 2002, due to changes in The Administrative Reorganization Act.