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LAND VALUATION ACT 2010 - SECT 86
Fixing day of effect of amending valuation
86 Fixing day of effect of amending valuation
(1) The valuer-general must fix the day of effect of an amending valuation.
(2) If the amendment is because of the registration of a plan of subdivision,
the day of effect must be the day the relevant plan of subdivision was lodged
with the land registrar. Note— See section 87 (Separate valuations) and the
schedule, definition
"subdivide" .
(3) Otherwise, the day of effect must be the later of the
following— (a) the day the amending period started;
(b) the day the event
that caused the valuation to require amendment happened.
(4) In this
section—
"amending period" means the period under section 85 during which the amendment
to the valuation can have effect.
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