Cost recovery
46 Cost recovery
A rating authority must pay to the Valuer-General the cost, as determined by the Valuer-General, of – making and furnishing to the rating authority a valuation list; and the provision of supplementary valuation services as provided by section 18 or 21.
Before a contract is entered into by the Minister for the provision of valuation services under section 20, the Valuer-General must advise the rating authority of the methods to be used in determining the cost under subsection (1).
On confirmation by the Valuer-General that valuation services have been provided in accordance with section 20, a rating authority must pay to the valuation contractor or, as may be appropriate, to the Valuer-General, the cost of providing those valuation services.
An amount payable to the Valuer-General under this section is a debt due to the Crown and may be recovered in a court of competent jurisdiction.
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