s 46
In forceParticular enhancements must be disregarded
Chapter 2Valuations
Part 2Valuation methodologies
Division 5Allowances and concessions
Subdivision 2Exclusive use as a single dwelling house or for farming
46 Particular enhancements must be disregarded
(1)
In deciding the value, any enhancement in its value because of any of the following for the land must be disregarded—
(a)
a subdivision by survey;
(b)
a potential use for industrial, subdivisional or any other purposes.
(2)
Subsection (1)(b) applies whether or not the potential use is lawful on the valuation day.
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