sec.123When conference is required

### sec.123 When conference is required If a valuation is more than the amount mentioned in subsection (2) , the valuer-general must— offer, to the objector, to participate in an objection conference; and if the objector accepts the offer—participate in the objection conference. For subsection (1) the amount is— if an amount of more than $5m has been prescribed under a regulation—the prescribed amount; or otherwise—$5m. The offer may be verbal or by notice. (sec.123-ssec.1) If a valuation is more than the amount mentioned in subsection (2) , the valuer-general must— offer, to the objector, to participate in an objection conference; and if the objector accepts the offer—participate in the objection conference. (sec.123-ssec.2) For subsection (1) the amount is— if an amount of more than $5m has been prescribed under a regulation—the prescribed amount; or otherwise—$5m. (sec.123-ssec.3) The offer may be verbal or by notice. - (a) offer, to the objector, to participate in an objection conference; and - (b) if the objector accepts the offer—participate in the objection conference. - (a) if an amount of more than $5m has been prescribed under a regulation—the prescribed amount; or - (b) otherwise—$5m.