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Paragraph 10 Assessment notice

Original text. Later amendments are not shown.

(1)

Where the independent valuer makes an assessment in accordance with paragraph 7 or 8, the independent valuer must issue an assessment notice to—

(a)

the pre-transfer creditor,

(b)

the building society special administrator of Dunfermline, and

(c)

the Treasury.

(2)

An assessment notice must contain the following information—

(a)

the date on which the notice is issued,

(b)

the amount of any compensation payable, and

(c)

the reasons for the independent valuer’s decision.