It is in Scotland supported by the evidence of the public fiars, annual valuations made upon oath, according to the actual state of the markets, of all the different sorts of grain in every different county of Scotland.

The eighth and ninth defendants have complained to the ombudsman that such a report and valuation made by an employee of the Alliance and Leicester Building Society was carried out negligently.

Likewise, because the complaint must be about action taken by the society, the ombudsman has no jurisdiction to investigate complaints relating to valuations made by a surveyor who is not an employee of the society in question.

The residual valuation should of course be crosschecked against a valuation made on the comparative basis before any offer is made.

By that time, shares were being sold on the New Zealand Sharemarket for $1.65, above even the independent valuation of between $1.34 and $1.62 made in July by merchant bankers Grant Samuel.

The current valuation of the collection, made by a team of Spanish experts over the past six years, is considered to be well below the market value of the works.

In addition, the I.R.S. itself had agreed to the value of the oil and gas properties sold by his mother to the grandchildren, he said, citing a valuation made after the death of his father two years before the sale.

We had a proper valuation made at the time, naturally, but it wasn't very high.

In Jones v Jones (see 13.11) the court considered what the fate should be of a valuation "made on an erroneous principle".

Suggesting extreme caution, she urged appraisers to make clear to clients that valuations made after the attacks could not yet be predicated on the effects of the attacks.