Land Valuation Bill 2010 passed
20 September 2010
The Land Valuation Bill 2010 was passed on 16 September 2010. It is anticipated that the Act is to commence upon assent, with the changes to the assessment of non-rural land to start from 2011.
The Act changes the way land valuations are determined by introducing a site valuation method for all non-rural land.
Queensland Law Society was heavily involved in the consultation process and was instrumental in ensuring that all applicants had a right to be heard in the objections and appeals process. The Society also made recommendations in simplifying the objections process and the information required by applicants and their representatives in lodging objections.
The amendments to the Bill can be accessed at legislation.qld.gov.au.
For more information and fact sheets on the Bill, visit derm.qld.gov.au.