Page 21 - BASIC GUIDELINE FOR QS
P. 21

Professional Practice: Guideline for Quantity Surveyor                                                           Chapter 1



               Section  5A  of  the  revised  Act  incorporates  the  use  of  pre-fix  “Sr”  and  post-fix  “PQS”  or
               “CQS”.  A  registered  QS  can  be  distinguished  from  other  non-QS  RISM  members  e.g.  Sr
               Roziyah  Ismail  CQS  by  the  post-fix.  Do  note  that  the  use  of  “Sr”  is  subject  to  validity  of

               membership with RISM.

               Consulting Quantity Surveying Practice (CQSP)

               The revised Act uses the term “Consulting Quantity Surveying Practice” (CQSP) to define
               firms  or  companies  offering  QS  services.  Under  clause  [7A(3)]  –  sole  proprietorship  and

               partnership, all partners must be CQS.
                  No         Category                                 Structure
                  1.   Sole Proprietorship     Principal shall be:

                                               1. A Consultant Quantity Surveyors;
                                               2. Minimum stay in Malaysia: 183 days within 1 calendar

                                               year;
                                               3. Not be under any other full time employment
                  2.   Partnership             1. All Partners shall be CQS;

                                               2. At least 1 Partner shall be practising full time in the firm;
                                               3. The partner practising full time shall be:

                                                  i.  the majority shareholder
                                                  ii. minimum stay in Malaysia: 183 days within 1
                                                    calendar year

                  3.   Body Corporate          a) Shall be:
                                                  1) Board of director: minimum 2/3 CQS
                                                  2) Equity: > 70% by CQS

                                                  3) Paid up Capital: RM50,000.00 (minimum)
                                               b) Day-to-day management, under the control of:
                                                  1) CQS; &

                                                  2) authorize by the board of directors; &
                                                  3) Must possess the necessary expertise; &

                                                  4) Minimum stay in Malaysia: 183 days within 1
                                                    calendar year
                                               c) Letterhead: only CQS


                                      Table 1.3: Requirement for CQSP Registration





                                                           11
   16   17   18   19   20   21   22   23   24   25   26