sec.210Use by trustee of assessment by valuer-general

### sec.210 Use by trustee of assessment by valuer-general This section applies if— a trustee requested an assessment under section 209 to lend money secured by the property the subject of the request; and a valuer-general’s certificate is issued for the assessment. For the Trusts Act 1973 , section 30 (1) (a) — the valuer-general is taken to have been employed independently of any owner of the property; and the certificate is taken to be a report about the property’s value; and the valuer-general is taken to have been competent to give the report. However, subsection (2) does not apply if the conditions of the trustee’s trust, retainer or employment directed the trustee to work out the property’s value in some other way. In this section— trustee means a person who is a trustee within the meaning of the Trusts Act 1973 , section 5 and includes a person acting as a solicitor or other agent. (sec.210-ssec.1) This section applies if— a trustee requested an assessment under section 209 to lend money secured by the property the subject of the request; and a valuer-general’s certificate is issued for the assessment. (sec.210-ssec.2) For the Trusts Act 1973 , section 30 (1) (a) — the valuer-general is taken to have been employed independently of any owner of the property; and the certificate is taken to be a report about the property’s value; and the valuer-general is taken to have been competent to give the report. (sec.210-ssec.3) However, subsection (2) does not apply if the conditions of the trustee’s trust, retainer or employment directed the trustee to work out the property’s value in some other way. (sec.210-ssec.4) In this section— trustee means a person who is a trustee within the meaning of the Trusts Act 1973 , section 5 and includes a person acting as a solicitor or other agent. - (a) a trustee requested an assessment under section 209 to lend money secured by the property the subject of the request; and - (b) a valuer-general’s certificate is issued for the assessment. - (a) the valuer-general is taken to have been employed independently of any owner of the property; and - (b) the certificate is taken to be a report about the property’s value; and - (c) the valuer-general is taken to have been competent to give the report.