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Valuation of Land Act 1916
14JDeduction of allowances
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14J Deduction of allowances
14J Deduction of allowances
(1) In determining the land value of land, there is to be deducted the amount of any allowance or allowances ascertained under Divisions 3 (Allowances for profitable expenditure) and 4 (Allowances for subdivision).
(2) If more than one provision of this Division is applicable to the determination of land value in a particular case, the applicable provisions apply cumulatively.
s 14J: Ins 2000 No 106, Sch 1 [14].