50Rating authority may make interim assessments

### 50 Rating authority may make interim assessments > > (1)  [*\[Section 50 Subsection (1) omitted by No. 39 of 2006, s. 27, Applied:01 Jan 2007\]*](/view/html/inforce/2007-01-01/act-2006-039#GS27@Hpa@EN) .  .  .  .  .  .  .  .   > > > (2)  Notwithstanding anything in [section 49](#GS49@EN) , a rating authority, in the cases only of a new structure in respect of which no valuation under this Act is for the time being in force and the demolition of a building of a prescribed class, may, pending the making of a valuation under this Act in respect of the building or demolition – > > > > > > (a) make an interim assessment of the assessed annual value of the land on which the building is erected; and > > > > > > > (b) assess, impose or levy, on or with reference to the assessed annual value as fixed by that interim assessment, any rate or charge that is payable to that authority on the assessed annual value of that land. > > > (3)  [*\[Section 50 Subsection (3) amended by No. 39 of 2006, s. 27, Applied:01 Jan 2007\]*](/view/html/inforce/2007-01-01/act-2006-039#GS27@Hpb@EN) In the year before a fresh valuation comes into force as mentioned in [section 20](#GS20@EN) , a rating authority may make an interim assessment of the assessed annual value of any rateable property in its valuation district and the assessment is taken to have been made under [subsection (2)](#GS50@Gs2@EN) . > > > (4)  Where an interim assessment is made under [subsection (2)](#GS50@Gs2@EN) , the rating authority by which it is made must, within 30 days, provide the Valuer-General with such particulars of, or relating to, the interim assessment as the Valuer-General may require. > > > (5)  An interim assessment made under [subsection (2)](#GS50@Gs2@EN) ceases to have any force or effect at the expiration of the period of 2 years after the date on which it is made. > > > (6)  An owner in respect of whose land an interim assessment has been made under [subsection (2)](#GS50@Gs2@EN) may object, as provided by [Part 5](#HP5@EN) , to the assessment as if it were a valuation made by the Valuer-General and [Parts 5](#HP5@EN) , [7](#HP7@EN) and [8](#HP8@EN) apply to the objection as if references to the Valuer-General were references to the rating authority. > > > (7)  [*\[Section 50 Subsection (7) amended by No. 39 of 2006, s. 27, Applied:01 Jan 2007\]*](/view/html/inforce/2007-01-01/act-2006-039#GS27@Hpc@EN) Where an interim assessment has been made under [subsection (2)](#GS50@Gs2@EN) and the Valuer-General has made a valuation under this Act of the land to which the interim assessment relates under [section 11](#GS11@EN) , [18](#GS18@EN) , [20](#GS20@EN) or [21](#GS21@EN)  – > > > > > > (a) that valuation supersedes the interim assessment on and from the date on which it is made by the Valuer-General; and > > > > > > > (b) the rating authority is to make such adjustment as may be necessary in the amount of any rate or charge paid or payable to the rating authority and calculated on, or with reference to, the value fixed by the interim assessment.