513Estimates of increases and decreases in value for purposes of notional rate income

#### 513 Estimates of increases and decreases in value for purposes of notional rate income 513 Estimates of increases and decreases in value for purposes of notional rate income > > (1) A council may, at any time after 31 January in any year but before 31 May in that year, request the Valuer-General to provide— > > > > > (a) estimates of increases and decreases in values for parcels of rateable land for which supplementary valuations are required to be furnished under the [Valuation of Land Act 1916](/view/html/inforce/current/act-1916-002) but which, before the date of the request, have not been so furnished, and > > > > > (b) estimates of increases and decreases in values for parcels of rateable land for which supplementary valuations have been or are required to be furnished under the [Valuation of Land Act 1916](/view/html/inforce/current/act-1916-002) but which have or will have a different base date from those used for rating purposes for that year because of a general valuation furnished in that year for the council’s area. > > > (2) The Valuer-General must provide the estimates within 1 month after the date of the request. > > > (3) An estimate must be made with respect to the same base date as the valuations used for rating purposes for the year in which the request is made. > > > (4) An estimate may relate to all parcels of rateable land of the class for which a kind of ordinary rate was made for the relevant year by the council. > > **s 513:** Am 1997 No 61, Sch 1 \[24\].