Past version: Effective from 01 Jan 2009 to 30 Sep 2019 To view other versions open the versions tab on the right
When a valuation of assets is given in connection with an offer, it should be supported by the opinion of a named independent valuer who has no connection with other parties to the transaction. Asset valuations by a professionally qualified independent valuer shall be provided when asset values are a particularly significant factor in assessing the relevant take over or merger transaction.