Land Valuation Act 2010

This subdivision applies to a parcel (the relevant parcel) if—

the relevant parcel is 1 of the parts into which land has been subdivided; and

the person who subdivided the land is the owner of the relevant parcel; and

the relevant parcel is not developed land.

This subdivision also applies to a parcel (also the relevant parcel) if—

the relevant parcel is 1 of the parts into which land has been reconfigured because of a compulsory acquisition under a law; and

subsection (1) applied to the relevant parcel, as part of a relevant parcel mentioned in subsection (1), immediately before the compulsory acquisition; and

after the reconfiguration, the same person continues to own the part of the land not compulsorily acquired; and

the relevant parcel is not developed land.

Despite subsections (1) and (2), this subdivision does not apply for a Land Act rental valuation.

If subdivision 2 applies to land, this subdivision does not affect the operation of subdivision 2.