Western Australian Consolidated Acts Western Australian Consolidated Acts (1) This section
applies to the determination of the unimproved value of land in a
survey-strata scheme by the Valuer-General under the Valuation of Land
Act 1978 for rating and taxing purposes.
(2) Each lot in a
survey-strata scheme shall be valued as a separate parcel of land and the
strata company is not liable for any rate made and levied by the local
government or the rating authority, as the case may be, in respect of the lot.
(3) In valuing a lot
in a survey-strata scheme the Valuer-General shall take into account any
benefits and disadvantages applicable to the lot as part of a survey-strata
scheme.
(4) Where part only of
a lot is liable to any rate, that rate shall be made and levied upon an amount
that bears the same proportion to the value of the lot as the rental value of
the part so liable bears to the rental value of the lot.
[Section 62A inserted by No. 58 of 1995
s. 60; amended by No. 57 of 1997 s. 115(4).]