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s 61

Lots separately leased

In force
Chapter 2Valuations
Part 3Land to be included in valuations
Division 4Separate valuations

61 Lots separately leased

(1)

Subsection (2) applies if—

(a)

the designated area consists of lots all of which are owned by the same person; but

(b)

1 or more of the lots are leased by the owner to 1 or more other persons.

(2)

Subject to division 3, there must be separate valuations for each of the lots leased.

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