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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.

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”

Impact and interest:

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207 since deposited on 16 Apr 2009
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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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