Valuation of Land Act (Cap. 58:03).
An Act to make provision for the valuation of land for taxation, rating and other purposes and for matters connected therewith and incidental thereto.
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LEX-FAOC119905
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This Act provides for the appointment of the Commissioner of Valuations and the valuation of agricultural and other land. The Commissioner shall make a valuation of the: (a) site value and improved value; or (b) capital value and annual rental value, of every parcel of land or any part thereof. Fresh valuation in respect of land shall commence as near as may be to five years from the date of the last valuation of the land as recorded in the Valuation Roll. unless the Commissioner otherwise directs, there shall be included in one valuation adjoining parcels of land that are owned by the same person and are occupied by one and the same person.