Determination of objection involving disputed assessment of development value
51ZL Determination of objection involving disputed assessment of development value
S. 51ZL(1) amended by No. 10/2017 s. 25(1).
If Development Victoria receives an objection based on a ground set out in section 51ZI(2), Development Victoria must determine to accept or reject the assessment of development value provided by the objector within 21 days after receiving the objection.
S. 51ZL(2) amended by No. 10/2017 s. 25(1).
If Development Victoria determines to accept the objector's assessment, Development Victoria must within 7 days after making that determination—
make any necessary adjustment to the charge; and
notify the objector of its determination and of any adjustment made to the charge.
S. 51ZL(3) amended by No. 10/2017 s. 25(1).
If Development Victoria determines not to accept the objector's assessment, it must within 7 days after making that determination—
refer the objection to the valuer-general for dispute resolution; and
notify the objector in writing of its determination and that the objection has been so referred.
S. 51ZM inserted by No. 35/2006 s. 7.
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