VALUATION OF LAND ACT 1916 - SECT 78 Certificate in lieu of valuation of land

VALUATION OF LAND ACT 1916 - SECT 78

78 Certificate in lieu of valuation of land

Any trustee, Australian legal practitioner, or agent may for the purposes of any investment obtain and use the certificate of valuation hereinbefore mentioned, and unless directed by the conditions of any trust, retainer, or employment to ascertain in any other specified manner the value of land offered as security, shall not be chargeable with negligence or other default for failing to obtain other evidence of such value.