Section 180 Valuation of banking instruments
Scotland
(1)
Where the F1officer of court considers that a banking instrument attached in execution of a money attachment is such that it is appropriate for valuation of the price the instrument is likely to fetch on the open market to be carried out by a professional valuer or other suitably skilled person, the officer must arrange for such a valuation.
(2)
The creditor is liable for the valuer's reasonable remuneration and outlays incurred by virtue of subsection (1) above.
Annotations
Textual amendments
- F1
Words in s. 180(1) substituted (31.1.2011) by Public Services Reform (Scotland) Act 2010 (asp 8), s. 134(7), Sch. 4 para. 24(2); S.S.I. 2011/30, art. 3(1)(3), Sch. 1