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s 20

Weighted bond rate applies

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Chapter 2Valuations
Part 2Valuation methodologies
Division 3Site value and unimproved value
Subdivision 2Site value of improved land

20 Weighted bond rate applies

The weighted bond rate must be used to analyse the added value of—

(a)

the site improvements and non-site improvements involved in the sale of the land in question; and

(b)

the site improvements and non-site improvements involved in any comparable sale of improved land.

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