180Valuation of banking instrumentsS
This section has no associated Explanatory Notes
(1)Where the [F1officer of court] 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.
Textual Amendments
F1Words in s. 180(1) substituted (31.1.2011) by Public Services Reform (Scotland) Act 2010 (asp 8), s. 134(7), Sch. 4 para. 24(2); S.S.I. 2011/30, art. 3(1)(3), Sch. 1