CIV1 and CIV2—non-rateable non-leviable land
13 CIV1 and CIV2—non-rateable non-leviable land
For non-rateable non-leviable land that is rezoned by a WGT event—
CIV1 is the capital improved value of the land as at the relevant date contained in a valuation made for and on behalf of the Commissioner by the Valuer-General or a valuer nominated by the Valuer-General; and
CIV2 is the capital improved value of the land as at the relevant date taking the WGT event into account contained in a valuation made for and on behalf of the Commissioner by the Valuer-General or a valuer nominated by the Valuer-General.
For the purposes of this section, the Commissioner may request a valuation of any non-rateable non-leviable land from the Valuer-General or a valuer nominated by the Valuer-General.
In this section—
relevant date means the date as at which rateable land or non-rateable leviable land was valued for the purposes of the valuation referred to in section 12(a).
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