Resource information
This Act provides for how land is to be valued for various other Acts and for other purposes as may be required from time to time. There shall be a valuer-general for Norfolk Island who shall be appointed by the Minister. The Act sets out valuation methodologies. For deciding the value of land, all land is taken to be granted in fee simple. An owner may object to a valuation of the owner’s land. The Act sets out the procedures for such objection. The valuer-general must consider and decide a properly made objection. An objector may appeal to the Administrative Appeals Tribunal against the objection decision for the objection. The Valuer-general must establish a valuation roll for Norfolk Island. The valuation roll is maintained by the Registrar of Titles. The valuation roll must state specified information about each valuation of land.
