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The Transmissible Spongiform Encephalopathies (Wales) Regulations 2006
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15.—(1) This regulation applies when a valuation is necessary under these Regulations.
(2) The owner and the National Assembly may agree such a valuation.
(3) If the owner and the National Assembly cannot agree on such a valuation, they may jointly appoint a valuer.
(4) If the owner and the National Assembly cannot agree on who the valuer is to be, the President of the Royal Institution of Chartered Surveyors will nominate the valuer, and both the owner and the National Assembly must accept the nomination.
(5) The valuer will carry out the valuation and submit it and any other relevant information and documentation to the National Assembly, and a copy to the owner.
(6) Both the owner and a representative of the National Assembly have the right to be present at a valuation.
(7) The valuation is binding on both the owner and the National Assembly.
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