VALUATION OF LAND ACT 1916 - SECT 14X Owner may apply for apportionment factor for mixed development land

VALUATION OF LAND ACT 1916 - SECT 14X

14X Owner may apply for apportionment factor for mixed development land

(1) The Valuer-General may ascertain an apportionment factor for the land value of mixed development land, either on his or her own initiative or on the application of the owner of the land or of a rating or taxing authority.

(2) An apportionment factor ascertained by the Valuer-General under this Division is to be entered by the Valuer-General in the Register of Land Values in respect of the land value to which it relates.