Rights and responsibilities of the valuer

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... that the valuation of the REIT assets is impartial, true and fair and is in accordance with regulation 21; (b) The valuer(s) shall ensure adequate and robust internal controls to ensure the integrity of its valuation reports; (c) The valuer(s) shall ensure that it has sufficient key personnel with adequate experience and qualification to perform property valuations at all times; (d) The .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... luer(s) shall act with independence, objectivity and impartiality in performing the valuation; (h) The valuer(s) shall discharge its duties towards the REIT in an efficient and competent manner, utilizing his knowledge, skills and experience in best possible way to complete given assignment; (i) The valuer(s) shall not accept remuneration, in any form, for performing a valuation of the REIT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... aluation, either by providing incorrect information or by withholding relevant information; (n) The valuer(s) shall not accept an assignment that includes reporting of the outcome based on predetermined opinions and conclusions required by the REIT; (o) The valuer(s) shall, prior to performing a valuation, acquaint itself with all laws or regulations relevant to such valuation. **** .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X