Western Australian Consolidated Acts

VALUATION OF LAND ACT 1978 - SECT 5A

5A .         Unimproved value of pastoral leases, matter to be disregarded

        (1)         In this section —

        pastoral lease has the meaning given in the Land Administration Act 1997 section 3(1).

        (2)         For the purposes of determining, for paragraph (b)(i) of the definition of unimproved value in section 4(1), the amount of the annual rental reserved by a pastoral lease, any effect on that amount that would result from regulations made for the purposes of the Land Administration Act 1997 section 124A(2) is to be disregarded.

        [Section 5A inserted by No. 32 of 2009 s. 7.]