Commentary on Clauses Section 10: The Valuation Office
66.This section enables HMRC to carry on the work currently undertaken by the Valuation Office Agency of the Inland Revenue.
67.Subsection (1) lists the duties of the officers within the Valuation Office Agency. They are to provide any valuations of property needed in relation to the functions of HMRC. They may provide property valuations at the request of any other public authority. They may also provide property valuations where these are needed in connection with a public function (for example, a multiple compulsory purchase by a public utility), or with the management of property distributed in the exercise of a public function (for example advising government and third party partners on policy programmes such as the Sustainable Communities agenda).
68.Subsection (2) allows the Commissioners to charge fees for valuation services provided to other public authorities.
69.Subsection (3) makes clear that the functions of such officers cover giving related advice, as well as providing actual valuations.