TRUSTEE ACT 1925 - SECT 52 Valuation
TRUSTEE ACT 1925 - SECT 52
Valuation(1) A trustee may, for the purpose of giving effect to the trust or any of the provisions of the trust instrument or of any statute, from time to time, by duly qualified agents, ascertain and fix the value of any trust property in such manner as he or she thinks proper.
(2) A valuation made honestly under this section is binding on everyone interested under the trust.
(3) This section applies to a trust except so far as the contrary intention appears in the trust instrument.