sec.297Leases referring to the term unimproved value

### sec.297 Leases referring to the term unimproved value This section applies to a reference in a lease made before the commencement to the term unimproved value under the repealed Valuation Act. From the commencement, the reference is taken to be a reference to a valuation under this Act. s 297 amd 2013 No. 23 s 352 sch 1 pt 1 (sec.297-ssec.1) This section applies to a reference in a lease made before the commencement to the term unimproved value under the repealed Valuation Act. (sec.297-ssec.2) From the commencement, the reference is taken to be a reference to a valuation under this Act.