Part 8Attachment of money

Execution of money attachment

180Valuation of banking instruments

(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.