Document ID: chunk:federal_register_of_legislation:F2024C00941:reg:38
Version: federal_register_of_legislation:F2024C00941
Segment Type: reg
Provision Reference: reg 38
Character Range: 54617–55353

38  Giving valuations
 (1) A valuation of market value rent for an initial rental period or the fifth or eighth year of an incentive period must be given to the Secretary before the beginning of that period or year.
 (2) The Secretary may require the approved participant:
 (a) to give the Secretary further evidence in relation to matters in the valuation; and
 (b) to do so within the period and in the manner specified by the Secretary.
 (3) An approved participant must not submit further valuations for a period or year for a dwelling if the Secretary has:
 (a) accepted a valuation for the period or year for the dwelling; or
 (b) accepted a valuation for the period or year for the dwelling subject to an error being corrected.