Singapore legislation
Clause 171
Clause 171
Valuation of property by receiver
(1)
Where any dispute as to salvage arises, the receiver may, on the application of either party, appoint a valuer to value the property, and shall give copies of the valuation to both parties.
(2)
Any copy of the valuation purporting to be signed by the valuer, and to be certified as a true copy by the receiver, shall be admissible as evidence in any subsequent proceedings.
(3)
Such fee as the Authority directs shall be paid in respect of the valuation by the person applying for the valuation.