s 282
In forceRecording the offset in land register
Chapter 10Repeal, savings and transitional provisions for Act No. 39 of 2010
Part 4Transitional provisions
Division 1Offset for change to particular site values for non-rural land
Subdivision 3Miscellaneous provisions
282 Recording the offset in land register
(1)
If the offset applies to land, the valuer-general may give the land registrar a notice asking the land registrar to keep a record that—
(a)
the offset applies to the land; and
(b)
if ownership of the land changes, its value will change because the offset will no longer apply.
(2)
On receiving the notice, the land registrar must keep the record so that a search of a register kept by the land registrar will show the record.
(3)
No fee is payable for the recording of anything under subsection (2).
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