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VALUATION OF LAND ACT 1916 - SECT 14N Allowance not to exceed cost of improvements

VALUATION OF LAND ACT 1916 - SECT 14N

Allowance not to exceed cost of improvements

14N Allowance not to exceed cost of improvements

The amount of an allowance for profitable expenditure is not to exceed the cost of the improvements determined as at the date by reference to which the land value is being determined.