Special rules for the valuer

(1) Section 216 applies with the proviso that
1. the valuation of assets within the meaning of section 231(1), first sentence, points 1 to 6, may be carried out only by two external valuers, and
2. the value of the participation in a real estate company must be determined by an auditor within the meaning of section 319(1), first and second sentence, of the Commercial Code.
(2) An external valuer may act for an AIF capital management company in valuing assets within the meaning of section 231(1), first sentence, points 1 to 6, only for a period of at most three years. The income of the external valuer from its activity for the AIF capital management company may not exceed 30 percent of its total income, relative to the financial year of the external valuer. The Federal Institute may require that corresponding evidence be submitted to it. The AIF capital management company may reappoint an external valuer as external valuer only after two years have elapsed since the end of the period under the first sentence.