# The Transmissible Spongiform Encephalopathies Regulations 2006, Regulation 15: Valuations

Extent: E+W
Status: prospective

(1) This regulation applies when a valuation is necessary under these Regulations.
(2) The President of the Royal Institution of Chartered Surveyors shall appoint a valuer, and both the owner and the Secretary of State must accept the nomination.
(3) The valuer shall carry out the valuation and submit it and any other relevant information and documentation to the Secretary of State, and a copy to the owner.
(4) Both the owner and a representative of the Secretary of State have the right to be present at a valuation.
(5) The valuation is binding on both the owner and the Secretary of State.

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Source: https://www.legislation.gov.uk/uksi/2006/68/regulation/15 (the official version)
Page: https://openlegislation.uk/transmissible-spongiform-encephalopathies-regulations-2006/regulation-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.