s 38
In forceWhat sdiv 1 is about
Chapter 2Valuations
Part 2Valuation methodologies
Division 5Allowances and concessions
Subdivision 1Deduction for site improvement costs
38 What sdiv 1 is about
This subdivision provides for the granting of a deduction (a site improvement deduction) to particular owners of land for site improvements to their land paid for by them in the previous 12 years.
Note—
See also chapter 9, part 5 (Recording of site improvement deductions).
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