In the case of ’other’ enquiries (
IHTM29023) or where there is no
enquiry, issue the Val70 (
IHTM18151) in the normal way.
After 3 months
If an agreed valuation is not reported within 3 months of
the date of the initial acknowledgement, SAV will send you a
progress report (
IHTM18211). Further reports will be at
3-monthyl intervals.
After 12 months
If the valuation has not been settled after 12 months, seek
to conduct a case conference to discuss the present position and
how IHT division can help in taking the valuation forward (
IHTM18245).
The length of the case conference will depend on the extent
to which any difficulties standing in the way of progressing the
case range wider than pure valuation issues. In most cases it will
be fairly short but you should prepare a file note of the
discussion and send a copy to the Share valuer.
18 months +
Thereafter, review progress by way of telephone discussions
or a meeting, at no more than 3 monthly intervals.
If the Valuer is considering the price of shares in more than one company or the value of some other specific asset, it is your responsibility to co-ordinate case conferences with the Valuer(s) dealing with the unlisted shares and the Specialist Valuer.
