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VALUATION OF LAND ACT 1960 - SECT 7AF Declaration where general valuation certified true and correct

VALUATION OF LAND ACT 1960 - SECT 7AF

Declaration where general valuation certified true and correct

S. 7AF(1) amended by No. 58/2012 s. 119(1), substituted by No. 67/2017 s. 46.

    (1)     In accordance with this section, the Minister may declare that a general valuation is generally true and correct—

        (a)     as to the whole valuation or any part or parts of the valuation; and

        (b)     as to any one or more of the bases of value assessed.

S. 7AF(2) amended by No. 58/2012 s. 119(2).

    (2)     On making a declaration under subsection (1), the whole or that part of the valuation which is declared generally true and correct is taken to be suitable to be adopted and used for the purposes of any rating authority for the full period allowed by Parts II and IIA or any other Act that applies to a particular rating authority using the valuation.

    (3)     Before making a declaration under subsection (1), the Minister must be satisfied that the valuer-general has certified under this Part that the valuation, or the relevant part of the valuation is generally true and correct.

    (4)     A declaration under subsection (1) must be in writing.

S. 7AG (Heading) amended by No. 69/2011 s. 50(1).

S. 7AG inserted by No. 94/2009 s. 8.