Valuation of Land Act 1916 Regulation relating to valuation fees (1992-289) [GG No 68 of 12.6.1992] (NSW)

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1992—No. 289

VALUATION OF LAND ACT 1916—REGULATION

(Relating to valuation fees)

NEW SOUTH WALES

[Published in Gazette No. 68 of 12 June 1992]

HIS Excellency the Governor, with the advice of the Executive Council,

and in pursuance of the Valuation of Land Act 1916, has been pleased to

make the Regulation set forth hereunder.

GARRY WEST

Minister for Conservation and Land Management.

Commencement

1. This Regulation commences on 1 July 1992.

Amendments

2. The Valuation of Land Regulation 1991 is amended:

(a)

by omitting from clause 4 (1) (a) and (2) the matter “$10” wherever occurring and by inserting instead the matter “$30”;

(b)

by omitting from clause 4 (1) (b) the matter “$10” and by inserting instead the matter “$16”;

(c)

by omitting from clause 5 (4) the matter “$75” and by inserting instead the words “to be calculated in accordance with the scale set out in Schedule 2 in respect of the assessed annual value resulting from the valuation”;

(d)

by omitting from clauses 1 and 3 of Schedule 2 the matter “$330” wherever occurring and by inserting instead the matter “$350”;

(e)

by omitting from clause 1 (b) of Schedule 2 the matter “$1.65” and by inserting instead the matter “$1.75”;

(f)

by omitting from clause 2 of Schedule 2 the matter “$165” wherever occurring and by inserting instead the matter “$175”;

1992—No. 289

(g) by omitting from clauses 2 (b) and 3 (b) of Schedule 2 the matter

“85c” wherever occurring and by inserting instead the matter

“90c”.

EXPLANATORY NOTE

The object of this Regulation is to amend the Valuation of Land Regulation 1991

so as:

(a) to increase the fees for a certified copy of an entry recorded on a valuation roll and a certified copy of a certificate of valuation from $10 to $30; and
(b) to increase the fee for an extract of any entry in a valuation roll from $10 to $16; and
(c) to increase the fee for a valuation of an assessed annual value for
determination under the Landlord and Tenant (Amendment) Act 1948 from
$75 to a fee that is the same as that for a new valuation of land; and
(d) to increase (generally by 6 per cent) the fees payable by applicants for new valuations of land by the Valuer-General to cover Consumer Price Index increases during 1990/91 and as an increment towards full-cost recovery.
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