(2) The Valuer-General may at any time value any parcel of land, either
on his or her own initiative or--
(a) in the case of lands of the Crown, on
the application of the public authority by or on whose behalf the land is
held, or
(b) in the case of land within the Western Division (including land
referred to in paragraph (a)), on the application of the Secretary of the
Department of Industry, or
(c) in the case of land within the area of a
rating or taxing authority (including land referred to in paragraph (a) or
(b)), on the application of that authority.
(4) The Valuer-General may
separately value different parts of the same parcel of land, in which case
this Act applies to each such part as if it were a separate parcel of land.
(5) Any land value ascertained under this Act is to be entered in the
Register of Land Values.
(6) The power to ascertain a land value includes the
power to reascertain that land value, and references in this Part to the
ascertainment of land value are taken to include references to the
reascertainment of land value.