NSWIn ForceAct
Valuation of Land Act 1916
21Total value of interests in land
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#### 21 Total value of interests in land
21 Total value of interests in land
> **s 21, hdg:** Subst 1951 No 41, sec 3 (g).
>
> > (1) Where there are more owners than one of the freehold of any land the sum of the values of the interests of all the said owners in the land shall be not less than the amount at which the improved value of the land would be estimated if held by one owner in fee simple.
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> > (2) Where there are more owners than one of a leasehold interest in any land the sum of the values of the interests of all the said owners shall be not less than the amount at which the value of the said leasehold interest would be estimated if held by one lessee.
>
> **s 21:** Subst 1951 No 41, sec 3 (g). Am 1961 No 66, sec 3 (h).