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LAND ACT 1994 - SECT 69
What is the unimproved value
69 What is the unimproved value
(1) The Minister must decide the unimproved value in the way prescribed by
regulation.
(2) The unimproved value must be calculated as if the land were
not restricted by the trust.
(3) The mortgagee may appeal against the
Minister’s decision.
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