(1)Where the judicial officer considers that a banking instrument attached in execution of a money attachment is such that it is appropriate for valuation of the price the instrument is likely to fetch on the open market to be carried out by a professional valuer or other suitably skilled person, the officer must arrange for such a valuation.
(2)The creditor is liable for the valuer’s reasonable remuneration and outlays incurred by virtue of subsection (1) above.