Valuation of assets: liquidator must obtain independent registered valuer estimates and use the average as realisable value. Regulation 35 requires the liquidator to use existing insolvency-resolution valuations by averaging prior estimates, or where fresh valuation is needed to appoint registered valuers within seven days to determine realisable value for specified asset or business classes. Valuers must be independent, subject to conflict-of-interest exclusions, physically verify assets, and submit independent estimates computed under Board notified valuation standards. The liquidator shall take the average of the valuers' estimates, facilitate methodology meetings with the consultation committee, secure confidentiality undertakings before sharing reports, require explanations for material deviations, and ensure valuers maintain prescribed report documentation.