Valuation of Land Amendment Act 2008 : value definition re-defined
Garner, Gary O. (2008) Valuation of Land Amendment Act 2008 : value definition re-defined. THG Resource Strategies.
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Abstract
The recently passed Valuation of Land Amendment Act (2008) in Queensland has significant implications
for developers since the basis on which unimproved land is valued has changed. The unimproved value is
the basis for completion of statutory valuations which are used for calculating:
· Rates charges levied by local government
· Land taxes charged by State Government
· Land rentals as calculated by NRW
· allocation of federal funding by the Commonwealth Grants Commission
The effect of this new Act requires the introduction of new terms and definitions to “value”
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| ID Code: | 19597 |
|---|---|
| Item Type: | Report |
| Keywords: | valuation, value definition |
| Subjects: | Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > COMMERCIAL SERVICES (150400) > Real Estate and Valuation Services (150403) |
| Divisions: | Past > QUT Faculties & Divisions > Faculty of Built Environment and Engineering Past > Schools > School of Urban Development |
| Copyright Owner: | Copyright 2008 Gary Owen Garner |
| Deposited On: | 16 Apr 2009 13:28 |
| Last Modified: | 09 Jun 2010 23:35 |
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