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Valuation & Expert Witness Guidelines.

 

In addition to various standards, regulations and principles, there are various guidelines that we are continually reviewing and adopting in order to provide the highest quality valuation and appraisal reports for our clients.

 

Some of the most common guidelines we adopt are as follows;

 

Australian Courts

 

Australian Federal Court - Practice Note CM7 (2013) Expert witnesses in proceedings in the Federal Court of Australia.

 

Australian Federal Circuit Court - Court Rules (2001) Division 15.2 - Expert Evidence.

 

Family Law Court - Family Law Rules (2004) Part 15.5 - Expert Evidence.

 

Federal Magistrates Court (2001) Part 15 - Expert Evidence.

 

District Court - Civil Rules (2006) - Expert Witnesses

 

Australian Government

Australian Securities & Investments Commission (ASIC) - Regulatory Guide 111 (RG111) Content of Expert Reports and Regulatory Guide 112 (RG112) Independence of Experts.

 

Australian Taxation Commission (ATO) - Market Valuation for Tax Purposes.

- Valuation guidelines for self-managed superannuation funds.

 

Australian Department of Immigration and Border Protection (2009) - Customs Valuation Guidelines.

 

Ministry for Art (Attorney General's Department) - Cultural Gifts Program - Code of Conduct for Valuers.

 

Professional Valuation & Appraisal Organisations

Australian Property Institute (API) & Property Institute of New Zealand - Valuation Guidance Notes (VGN) -

ANZVGN 2 Valuations for Mortgage and Loan Security Purposes

ANZVGN 3 Valuations for Mortgage and  Loan Security Purposes (Forced Sale)

ANZVGN 12 Property Plant and Equipment

ANZVGN 13 Valuation fro Insurance Purposes

AVGN 1 Valuations for use in Australian Financial Reports

 

The Auctioneers and Valuers Association of Australia (AVAA)

Valuation Report Criteria.

 

American Society of Appraisers (ASA) - Principles of Valuation (POV), Valuing Machinery & Equipment (The Fundamental of Appraising Machinery & Technical Assets - Third Edition).

 

The Appraisal Standards Board - Uniform Standards of Professional Appraisal Practice (USPAP).

 

 

 

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