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s 42

Deciding deduction application

In force
Chapter 2Valuations
Part 2Valuation methodologies
Division 5Allowances and concessions
Subdivision 1Deduction for site improvement costs

42 Deciding deduction application

(1)

The valuer-general must consider a deduction application and decide whether to—

(a)

refuse to grant the applicant a site improvement deduction; or

(b)

grant the applicant a site improvement deduction for all or part of the site improvements the subject of the deduction application.

(2)

However, the valuer-general can not do the following—

(a)

if the applicant’s right to make or continue with the application ceases under section 40(2)—decide or continue to decide the application;

(b)

if the applicant’s right to make or continue with the deduction application ceases for a part of land—decide or continue to decide the application for that part.

(3)

The valuer-general must give the applicant notice of the decision as soon as practicable after making it.

Note—

Under chapter 3, the owner’s right to object to the next valuation includes a right to object to a decision under this section, but not for a decision in relation to any subsequent valuations—see section 113 (Required content of objections).

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