34The Director-General to keep record of improvements effected by a lessee

34 The Director-General to keep record of improvements effected by a lessee

[Section 34 Amended by No. 23 of 1978, s. 6 and Sched. 1 ]

(1)  The Director-General may, at any time during the currency of a lease of Crown land for rural purposes or at the termination thereof, either by the effluxion of time or otherwise, cause the Valuer-General to make a valuation of all improvements effected thereon.

(2)  For the purposes of this section, the Director-General may establish and maintain a record of the valuations made by the Valuer-General under subsection (1) , such record to contain all or any of the following particulars, that is to say:

(a) The value of the demised land including the valuation of the improvements effected thereon at the time of the leasing thereof;

(b) The value of improvements effected thereon by the lessee;

(c) The value of improvements purchased by a subsequent lessee;

(d) The value of improvements effected thereon by the subsequent lessee up to the date of the termination, surrender, or expiration of the lease.