Liquidation valuation rules for MSMEs now require one registered valuer per asset class, with a recorded exception for two valuers. The liquidation valuation framework is amended for corporate debtors classified as micro, small or medium enterprises. In such cases, the liquidator must appoint one registered valuer for each asset class, unless, after consultation with the consultation committee and for reasons recorded in writing, the liquidator decides to appoint two registered valuers. A consequential drafting insertion is also made in the proviso to regulation 35(2).