Integrated Resort Act and Sanctuary Cove Act
36 Integrated Resort Act and Sanctuary Cove Act
This section applies for deciding the value of land in—
the site of an approved scheme under the Integrated Resort Act; or
the site under the Sanctuary Cove Act.
For land in a site mentioned in subsection (1)(a), if any part of the land is or may be inundated by water or subject to tidal influence, the land must be valued as if it were not, and never had been, inundated by water or subject to tidal influence.
For land in a site mentioned in subsection (1)(b), if any part of the land or an adjacent site is or may be inundated by water or subject to tidal influence, the land must be valued as if it or the adjacent site were not, and never had been, inundated by water or subject to tidal influence.
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