LOCAL GOVERNMENT ACT 1993 - SECT 513
Estimates of increases and decreases in value for purposes of notional rate income
LOCAL GOVERNMENT ACT 1993 - SECT 513
Estimates of increases and decreases in value for purposes of notional rate income
513 Estimates of increases and decreases in value for purposes of notional
rate income
(1) A council may, at any time after 31 January in any year but
before 31 May in that year, request the Valuer-General to provide--
(a)
estimates of increases and decreases in values for parcels of rateable land
for which supplementary valuations are required to be furnished under the
Valuation of Land Act 1916 but which, before the date of the request, have
not been so furnished, and
(b) estimates of increases and decreases in values
for parcels of rateable land for which supplementary valuations have been or
are required to be furnished under the Valuation of Land Act 1916 but which
have or will have a different base date from those used for rating purposes
for that year because of a general valuation furnished in that year for the
council's area.
(2) The Valuer-General must provide the estimates within 1
month after the date of the request.
(3) An estimate must be made with
respect to the same base date as the valuations used for rating purposes for
the year in which the request is made.
(4) An estimate may relate to all
parcels of rateable land of the class for which a kind of ordinary rate was
made for the relevant year by the council.
