Western Australian Consolidated Acts (1) The owner or
occupier of any place that is the subject of, or is the subject of
negotiations for, a Heritage Agreement may apply to the Valuer General for a
revaluation to take into account the effect of that Agreement, and the Valuer
General shall regard that Agreement or those negotiations as rendering
revaluation expedient pursuant to section 23 of the Valuation of Land
Act 1978 and value or cause to be valued any land or building thereby
affected or proposed to be affected in such a manner as to reflect what is, or
what would become, the then current value subject to the provisions of the
Agreement or proposed Agreement, as the case may require, but shall not give
effect to any revaluation arising by reason of negotiations for a Heritage
Agreement unless or until that Agreement has been concluded.
(2) Where a Heritage
Agreement appears to the Council to be likely to be entered into, or to be
varied or terminated, the Council —
(a)
shall cause particulars to be furnished to the Valuer General;
(b)
shall inform the Valuer General where any land or estate or interest in land
appears likely to be thereby affected; and
(c)
shall not conclude the negotiations in respect of the Agreement without
consultation with the Valuer General.