Sections 45 and 46 of the Principal Act are repealed and the following sections are substituted:

45.     Valuation lists

(1)  The Valuer-General must, as soon as is reasonably practicable after the making of a proclamation of a fresh valuation under section 20(9) or after exercising powers under Part 9A , provide to –

(a) the Commissioner of State Revenue; and

(b) any relevant rating authority –

a valuation list –

(c) giving such particulars as the Valuer-General considers necessary for the purposes of this Act with respect to the ownership and values of all lands within that valuation district (except such lands of the Crown as are not rateable and have not been valued under this Act); and

(d) certified by the Valuer-General as being correct –

and the valuation list may include any adjustment factors applicable to those lands.

(2)  The Valuer-General must, as soon as is reasonably practicable after the making of a supplementary valuation under section 18 or 21 , provide to –

(a) the Commissioner of State Revenue; and

(b) any relevant rating authority –

a supplementary valuation list giving particulars of all changes in valuations which have been made in the relevant valuation roll since the last valuation list was furnished to the Commissioner or that rating authority.

(3)  The supplementary valuation list may include any adjustment factors applicable to the relevant lands.

46.     Cost recovery

(1)  A rating authority must pay to the Valuer-General the cost, as determined by the Valuer-General, of –

(a) making and furnishing to the rating authority a valuation list; and

(b) the provision of supplementary valuation services as provided by section 18 or 21 .

(2)  Before a contract is entered into by the Minister for the provision of valuation services under section 20 , the Valuer-General must advise the rating authority of the methods to be used in determining the cost under subsection (1) .

(3)  On confirmation by the Valuer-General that valuation services have been provided in accordance with section 20 , a rating authority must pay to the valuation contractor or, as may be appropriate, to the Valuer-General, the cost of providing those valuation services.

(4)  An amount payable to the Valuer-General under this section is a debt due to the Crown and may be recovered in a court of competent jurisdiction.