Comparison View

Amendments are not highlighted in legislation amended before 2012. We are working on it.
Formal Consolidation |  1998 RevEd
Assessing value of immovable property
12.  For the purposes of these Regulations, in assessing the value of any immovable property in respect of which a charge is created under section 15 (9), 21of the Act or a pledge is given under section 15 (10)of the Act, the Board may appoint a Government valuer or a licensed valuer to value the immovable property and the expenses of such valuation shall be borne by the member concerned.
Informal Consolidation | Amended S 387/2004
Assessing value of immovable property
12.  For the purposes of these Regulations, in assessing the value of any immovable property in respect of which a charge is created under section 15 (9) or (9A), 21of the Act or a pledge is given under section 15 (10) or (10A) of the Act, the Board may appoint a Government valuer or a licensed valuer to value the immovable property and the expenses of such valuation shall be borne by the member concerned.