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PART 2E+WPROCEDURE FOR TAKING CONTROL OF GOODS

ValuationE+W

Valuation of controlled goodsE+W

35.—(1) This regulation applies where an enforcement agent makes (paragraph (2)) or obtains (paragraph (3)) a valuation of controlled goods as required by paragraph 36(1) of Schedule 12.

(2) Where the enforcement agent makes the valuation—

(a)the valuation must be in writing, signed by the enforcement agent and set out—

(i)the enforcement agent's name, the reference number or numbers and the date of the valuation; and

(ii)where appropriate, a separate value for each item of goods of which control has been taken; and

(b)the enforcement agent must provide a copy of the written valuation, once made, to the debtor and any co-owner.

(3) Where the enforcement agent obtains the valuation the enforcement agent must—

(a)only instruct a qualified, independent valuer;

(b)instruct the valuer to make a written valuation and, where appropriate, to value each item of goods separately; and

(c)provide a copy of the written valuation, once made by the valuer, to the debtor and any co-owner.