South Australian Consolidated Acts

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VALUATION OF LAND ACT 1971 - SECT 15

15—Valuer-General may value any land

        (1)         The Valuer-General may at any time, value or cause to be valued any land if the land has not previously been valued or separately valued under this Act or if, in his or her opinion, the value of the land has been materially enhanced or diminished, or such a valuation is, for any reason whatsoever, necessary or expedient.

        (2)         Where a valuation is made under subsection (1), the value of the land must be determined—

            (a)         if there has been a previous general valuation of land within the same area as that land, in accordance with the level of values prevailing in relation to land of the same or a similar character at the date as at which values were assigned to land for the purposes of the latest such general valuation; or

            (b)         if there has been no previous general valuation of land within the same area as that land, as the value of the land as at the date of valuation.

        (3)         A determination of value made under this section will come into force and supersede any previous determination of value in force under this Act and affecting the land to which the determination relates as from such day (whether before, on or after the day on which the determination of value is made) as may be determined by the Valuer-General.

        (4)         A value determined by valuation under this section must be entered in an appropriate valuation roll.



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