What was the point of a consultation process if the Independent Valuer wasn going to change his provisional view?
The Independent Valuer carefully considered and reviewed all representations received in response to the Consultation Document. However, none of the representations caused the Independent Valuer to change his proposed approach to the valuation or his provisional views as to the amount of any compensation payable. In the Final Document the Independent Valuer sets out a summary of the substantive points arising from the representations he received, the effect on those representations on the provisional views set out in the Consultation Document and his final determination as to the amount of any compensation payable by HM Treasury.