Valuation day—the Act, Schedule 3, cll 3–6 and 13
31 Valuation day—the Act, Schedule 3, cll 3–6 and 13
The valuation day for a schedule of unit entitlement is prescribed as—
for the purposes of a schedule of unit entitlement referred to in the Act, Schedule 3, clause 3—a day within 2 months before an application is made for a subdivision certificate required by the Act, Schedule 1, clause 1 (4)(c), and
for the purposes of a schedule of unit entitlement referred to in the Act, Schedule 3, clause 4—a day within 2 months before an application is made for a subdivision certificate required by the Act, Schedule 1, clause 1 (4)(c), and
for the purposes of a schedule of unit entitlement referred to in the Act, Schedule 3, clause 5—
the valuation day for the original scheme plan, or
if there has been a subsequent subdivision affecting the association property—the most recent valuation day, and
for the purposes of a schedule of unit entitlement referred to in the Act, Schedule 3, clause 6—
a day within 2 months before an application is made for a subdivision certificate required by the Act, Schedule 1, clause 1 (4)(c), or
if a subdivision certificate is not required, 2 months before the date of the transfer of the relevant land, and
for the purposes of a schedule of unit entitlement referred to in the Act, Schedule 3, clause 13(4)—a day within 2 months before an application is made for the consent of the planning authority required by the Act, section 61(1)(d).
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