VALUATION OF LAND ACT 1916 - SECT 19B
Valuation upon land becoming ratable on or after 1 July 1977
VALUATION OF LAND ACT 1916 - SECT 19B
Valuation upon land becoming ratable on or after 1 July 1977
19B Valuation upon land becoming ratable on or after 1 July 1977
(1) Where any non ratable land becomes ratable on or after 1 July 1977 and at
the date it becomes ratable there is no valuation for it in the
Register of Land Values the Valuer-General shall make a valuation--
(a) of the
land value, and
(b) if a rating or taxing authority, by instrument in
writing, so requests, or the Valuer-General decides to do so, of the assessed
annual value,
of the land.
(2) If, on or after 1 July 1977, any
general valuation has been made since the date on which any land became
ratable and that general valuation does not include the valuation of such land
the Valuer-General shall make a further valuation--
(a) of the land value, and
(b) if a rating or taxing authority, by instrument in writing, so requests, or
the Valuer-General decides to do so, of the assessed annual value,
of the
land.
(3) Valuations made pursuant to this section shall, until the land
concerned is included in a subsequent valuation which may be used for rating
purposes, be deemed to be valuations furnished to the rating authority on the
date as at which the valuations are being determined and have effect for the
levying of any rates which are made and leviable upon land values or assessed
annual values, as the case may be.
(4) Land that becomes ratable is to be
valued, for the purposes of any relevant rating or taxing authority--
(a) as
at the 1 July by reference to which the land was valued for the purposes of
the valuation list for that authority current at the time the land became
ratable, and
(b) as at the 1 July by reference to which the land has been
valued for the purposes of any subsequent valuation list for that authority.
