A labour sponsored or venture capital fund obtaining an independent valuation must
(a) obtain the independent valuator’s consent to its filing; and
(b) include a statement in the valuation report, signed by the independent valuator, in substantially the following form:
“We refer to the independent valuation of the [total equity/net assets attributable to securityholders/venture investments] of [name of labour sponsored or venture capital fund] as of [date of financial year end] dated [date]. We consent to the filing of the independent valuation with the securities regulatory authorities.”