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Part 4 · Valuation Method

17. Application of Part

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This Part applies only to —

(a)

a development or a subdivision of any land mentioned in section 9(2) of the Act in relation to which a chargeable consent is given;

(b)

any other development in relation to which a chargeable consent is given and an election under section 9(3)(a) of the Act is made by all taxable persons concerned; or

(c)

a development or a subdivision of any land in relation to which a chargeable consent is given where the Table of Rates method is inapplicable to the particular development.

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