Crown Lands Act 1976

The Director-General may, at any time during the currency of a lease of Crown land for rural purposes or at the termination thereof, either by the effluxion of time or otherwise, cause the Valuer-General to make a valuation of all improvements effected thereon.

For the purposes of this section, the Director-General may establish and maintain a record of the valuations made by the Valuer-General under subsection (1), such record to contain all or any of the following particulars, that is to say:The value of the demised land including the valuation of the improvements effected thereon at the time of the leasing thereof;The value of improvements effected thereon by the lessee;The value of improvements purchased by a subsequent lessee;The value of improvements effected thereon by the subsequent lessee up to the date of the termination, surrender, or expiration of the lease.