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LAND VALUATION ACT 2010 - SECT 127
Disclosure by parties before conference held
127 Disclosure by parties before conference held
(1) The chairperson must give the parties a notice requiring them to give the
chairperson, within 14 days after the notice is given, copies of all documents
they have in their possession relevant to the valuation (the
"disclosure obligation" ).
(2) If the chairperson is satisfied all parties
have complied with the disclosure obligation, the chairperson must— (a) give
copies of the documents given by a party to the other party; and
(b) arrange
the objection conference.
(3) If the chairperson is not satisfied both
parties have complied with the disclosure obligation— (a) the objection
conference must not be held; or
(b) if the conference has started, the
chairperson may end the objection conference; or
(c) the chairperson may give
the party who has not complied with the obligation (the
"noncompliant party" ) a further period of not more than 14 days to comply
with the requirement.
(4) However, the chairperson may give a further period
only if the chairperson considers it is reasonably likely that the
noncompliant party will comply with the disclosure obligation within that
period.
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