57 Valuation principles
Banking Act 2009 (2009 c 1) | Legislation

57  Valuation principles

(1)     A compensation scheme order [or bail-in compensation order] may specify principles (“valuation principles”) to be applied in determining the amount of compensation.

(2)     Valuation principles may, in particular, require an independent valuer—

(a)     to apply, or not to apply, specified methods of valuation;

(b)     to assess values or average values at specified dates or

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