Queensland Legislation
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Queensland
Land Valuation Bill 2010
Queensland
Land Valuation Bill 2010
Contents
Chapter 12
Chapter 2 Part 1
Part 2 Division 1
Division 2 Subdivision 1Subdivision 2Subdivision 3 Division 3 Subdivision 1 Preliminary
Shorttitle ... 2... eee eee eee Commencement..............0 cee eee eee eee Definitions... 2.0.0.0... eee eee Main purpose of Act.............. 0002 e ee eee
Valuations Valuations and their purposes
Valuer-general to make valuations .............. Statutory purposes of valuations ................
Valuation methodologies General provisions
What is the value of land ...................0.. What is non-rural land .........0......0.0.008. Whatis ruralland....................0...000.
Provisions for rural land Zoned rural land
Zoned ruralland...................0.0 00.000. Cessation of zoned rural land.................-.
Declared rural land on application
Applying for declaration ..................0-00- Deciding rural land application..................
Other declared rural land
Declaration on valuer-general's initiative
Site value and unimproved value Preliminary
What div 3 is about...................0.0 0000.
Land taken to be granted in fee simple 1818 19 2022 24
Land Valuation Bill 2010
Contents
17 What is the land's expected realisation .................... 24 18 What is a bona fide sale........... 0.0002. c cee ee ee eee 24 Subdivision 2 — Site value of improved land
19 What is the site value of improved land .................0-. 25 20 Weighted bond rate applies ..............0 0. cece eee eee 25 21 What is the weighted bond rate ...............0-.0 2 eee ee 25 22 Assumptions for existing uses .... 2.0.02... 0.0 ee eee ee 26
Subdivision 3 Site and non-site improvements
23 What are site improvements. .............0. 00 cece eee eee 26 24 What are non-site improvements ............-..-.05-00 eee 28 25 Working out the value of site or non-site improvements........ 28 Subdivision 4 | Unimproved value of improved land
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