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s 57

Adjoining lots—general

In force
Chapter 2Valuations
Part 3Land to be included in valuations
Division 3Combined valuations

57 Adjoining lots—general

(1)

Adjoining lots must be included in the same valuation if—

(a)

they are owned by the same person; and

(b)

either—

(i)

no part of the lots is leased; or

(ii)

all of the lots are leased to the same person.

(2)

However, subsection (1) applies only if either—

(a)

not more than 1 of the lots has buildings or other structures on it that are adapted to being separately occupied; or

(b)

if more than 1 of the lots has buildings or other structures on it that are adapted to being separately occupied—the lots are being worked as 1 business unit.

(3)

In this section—

lease does not include a sublease.

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