South Australian Consolidated Acts South Australian Consolidated Acts14—Frequency of general valuations
(1) A
general valuation must be made within each area at least once during each
successive period of 5 years after the day on which the first general
valuation of land within the area comes into force.
(2) If the
Valuer-General is of opinion that the value of land within an area has not
materially increased or diminished since a previous general valuation of land
within the area, he or she may, by notice published in the Gazette, declare
that the valuation roll prepared for the purposes of that previous
general valuation, correctly represents the value of land within the area and
such a declaration will be taken to constitute a general valuation of the land
within the area.
(3) A value will be
taken to have been assigned to land for the purposes of a general valuation
made by declaration in accordance with subsection (2) as at the date
(whether before, on or after the date of the declaration) specified by the
Valuer-General in that declaration.