287LValue of transferred property

Start here

Get a plain-English read of 287L

Turn the raw legal text into a practical explanation grounded in Water Act 1989.

Ask Zoe about this section View in full context

287L Value of transferred property

If the relevant allocation statement gives the value of property, rights or liabilities of the transferor that are allocated to the transferee, the value to the transferee of the property, rights or liabilities is the value so given.

S. 287M inserted by No. 85/2006 s. 120.