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Contents

Part 2 · Tax rate

3. Prescribed percentage of increase in value of any land

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For the purposes of section 8 of the Act, the prescribed percentage of the increase in the value of land likely to accrue from the giving of a chargeable consent in relation to a development of any land is as follows:

(a)

100% in the case of a development mentioned in section 8(2)(a) or (b) of the Act;

(b)

70% in any other case.

Report

Part 3

Table of Rates Method

Part 4

Valuation Method

Part 5

General Provisions

Schedules