New South Wales Bills Explanatory Notes

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VALUATION OF LAND FURTHER AMENDMENT BILL 1996

[Act 1996 No 140]
New South Wales
Valuation of Land Further

Amendment Bill 1996

Explanatory note

This explanatory note relates to this Bill as introduced into Parliament.

Overview of Bill

The object of this Bill is to amend the Valuation of Land Act 1916 to separate
the services currently provided by the Valuer-General, so that the mass
valuation services currently performed by the Valuer-General may be carried
out under contract by any qualified valuer, including the State Valuation
Office of the Department of Land and Water Conservation. Provision is made
for such services to be carried out in particular areas or for particular
purposes by contractors chosen by competitive tender. The State Valuation
Office is authorised to submit tenders for this purpose.

The Valuer-General will retain regulatory functions under the new
arrangements, and will continue to be the custodian of the valuation rolls.

Valuations will in future be able to be made by the Valuer-General acting on
the recommendation of contract valuers, who will carry out the mass
valuation activities.

Valuation of Land Further Amendment Bill 1996 [Act 1996 No 140]
Explanatory note

The Bill also makes minor, consequential and ancillary amendments to
various other Acts and instruments.

A detailed explanation of each amendment is set out in the Bill immediately
after the amendment.

Outline of provisions

Clause 1 sets out the name (also called the short title) of the proposed Act.

Clause 2 provides for the proposed Act to commence on a day or days to be
appointed by proclamation.

Clause 3 is a formal provision giving effect to the Schedule of amendments
to the Valuation of Land Act 1916.

Clause 4 is a formal provision giving effect to the Schedule of amendments
to other Acts and instruments.

Clause 5 provides that explanatory notes in the proposed Act do not form
part of the proposed Act.

Schedule 1 contains amendments to the Valuation of Land Act 1916.

Schedule 2 contains amendments to the following Acts and instruments:

· Land Development Contribution Management Act 1970 No 22
· Valuation of Land Regulation 1996

Explanatory note page 2

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