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Insolvency Practice Rules (Bankruptcy) 2016
42‑50 Obtaining advice about interest or42‑50 Obtaining advice about interest or value
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42‑50 Obtaining advice about interest or value
If: (a) the value of divisible property is likely to have a material impact on the administration of a regulated debtor’s estate; and (b) the market value of the property is not readily ascertainable; the registered trustee must obtain advice from an independent expert in assessing: (c) the extent of the trustee’s interest in any realisable asset; and (d) the value of the property or offers for the property.