EDUCATION AND TRAINING REFORM ACT 2006 - SECT 5.7A.11 Valuation of land to include value of improvements

EDUCATION AND TRAINING REFORM ACT 2006 - SECT 5.7A.11

Any valuation by the valuer-general made for the purposes of this Subdivision must include in the valuation any improvements on the land unless—

        (a)     those improvements were made by the current leaseholder; or

        (b)     a payment in respect of those improvements was made by the current leaseholder to the previous leaseholder upon assignment of the lease to the current leaseholder.

S. 5.7A.12 inserted by No. 28/2010 s. 17.