ADVOKS GLOBAL · KENYA
The Capital Markets (Real Estate Investment Trusts) (Collective Investment Schemes) Regulations
116. Retirement of a valuer
Edition: 2023-10-06 · In force
116. Retirement of a valuer
(1)A valuer shall retire—(a)if the valuer ceases to be qualified except where a valuer has a conflict of interest or is otherwise not qualified in respect of a particular acquisition or disposition and an alternative valuer has been appointed for the purpose of undertaking such valuation; or(b)as provided for in the scheme documents.(2)The valuer shall, if the valuer retires before the end of a three year term, provide the Authority with the reasons for his retirement.