‹ Requirements As To Independent Valuation 1010. Valuation by qualified independent person › 1009. Application of valuation requirements The provisions of sections 1013 to 1016 apply to the valuation and report required by– (a) section 558 (allotment of shares of public company in consideration of non-cash asset), (b) section 564 (transfer of non-cash asset to public company). ‹ Requirements As To Independent Valuation 1010. Valuation by qualified independent person ›