Western Australian Current Acts Western Australian Current Acts (1) This section
applies to the determination of the unimproved value of land in a
survey-strata scheme by the Valuer-General under the Valuation of Land Act
1978 for rating and taxing purposes.
(2) Each lot in a
survey-strata scheme must be valued as a separate parcel of land and the
strata company is not liable for a rate made and levied by the local
government or the rating authority, as the case may be, in respect of the lot.
(3) In valuing a lot
in a survey-strata scheme the Valuer-General must take into account benefits
and disadvantages applicable to the lot as part of a survey-strata scheme.
(4) If part only of a
lot is liable to a rate, that rate must be made and levied on an amount that
bears the same proportion to the value of the lot as the rental value of the
part so liable bears to the rental value of the lot.
[Section 70, formerly section 62A, inserted: No.
58 of 1995 s. 60; amended: No. 57 of 1997 s. 115(4); amended, renumbered as
section 70 and relocated: No. 30 of 2018 s. 64 and 84.]
[ 70A, 70B. Deleted: No. 30 of 2018 s. 82(b).]