Owner may seek a review of unimproved value of parcel
72 Owner may seek a review of unimproved value of parcel
Despite section 69(2) and without prejudice to the rights of objection and review conferred on the strata company, if the Valuer‑General values the unimproved value of a parcel under the Valuation of Land Act 1978 for rating and taxing purposes, each owner of a lot within the parcel is entitled to object to and seek a review of the valuation of the parcel in accordance with Part IV of the Valuation of Land Act 1978 as if that owner were a person liable to pay a rate or tax assessed in respect of the parcel.
On receiving an objection to the valuation of a parcel made by the owner of a lot within the parcel under subsection (1), the Valuer‑General —
must inform the strata company of the objection and the grounds on which it has been made; and
may consolidate the objection with any other objection made in respect of the same valuation of that parcel and may deal with the objections together.
[Section 72, formerly section 64, amended: No. 55 of 2004 s. 1124; amended, renumbered as section 72 and relocated: No. 30 of 2018 s. 66 and 84.]
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