LOCAL GOVERNMENT REGULATION 2012 - REG 137
Reference to market value
LOCAL GOVERNMENT REGULATION 2012 - REG 137
Reference to market value
(1) A reference in this division to the
"market value" of land includes a reference to the market value of the land
and any improvements on the land.
(2) A written report about the market value
of land from a valuer registered under the Valuers Registration Act 1992 who
is not an employee of the local government is evidence of the market value of
the land.
