14FValuation of mines and minerals

#### 14F Valuation of mines and minerals 14F Valuation of mines and minerals > > (1) If a mine is situated partly in one area and partly in another, the mine is to be valued as a whole, and the land value, improved value and assessed annual value are to be apportioned between the areas as the Valuer-General may direct. > > > (2) If any part of a mine is under the sea or under the tidal waters of an estuary or harbour, the part is to be valued with and as part of the mine, even though the overlying land and water are not within the boundaries of any area. > > > (3) If any part of a mine is separately occupied by a person for a purpose other than mining, the part is taken to be distinct from the mine, and is to be valued and rated accordingly. > > > (4) To the extent to which the presence of coal in any land within a colliery holding (within the meaning of the [Mining Act 1992](/view/html/inforce/current/act-1992-029)) increases the land value of that land, the amount of the increase is to be separately recorded in the Register of Land Values in relation to that land. > > > (5) Objection may be made under Part 3 against any apportionment referred to in subsection (1) or the amount of any increase referred to in subsection (4). > > **s 14F:** Ins 2000 No 106, Sch 1 \[14\].