LAND VALUATION

Rotorua Morning Post, Volume 1, Issue 164, 4 March 1932, Page 4

LAND VALUATION

(Press. Assn.-

LOCAL BODIES' DIFFICUj| BROUGHT BEFORE ■ MlNiISTER fl AMENDMENT OF ACT W.B

— By Telegraph — Cofl

WELLINGTON,® The difficulties of certain lo® ies in the present circumsta® depression through the oper^B two clauses of the Valuation fl Act led to the organisation fl putation to the Minister of LaH Hon E. A. Ransom, to-day by ifl rinsville Borough Gouncil. H On hehalf of 29 local aufl the rfepal was asked of Sefl| of the Act under which ov»l land may seek revaluation jH property, and also of sub-se-Mj of section 45, which prescijll in the event of the acquisitidji which is offered to the Cro'wMB ing approved the capital valulH reduced to the amount spr-lfl owner as a fair value. ffl In lieu of the latter prc|fl was urged that the land :|H offered to the public and ufl sale was effected within threefl the Valuer-General should rfll

Replying to the deputati^B Ransom said he fully recog^B difficulty some boroughs we^H in especially those with rati^H improved value, hut periodi^H tions would be vexy costlyM would he impossible to getjM valuers to do the work effic^H did not think it right to de^l indiyidual the right to app^H valuation, nor did he think f(^H ent that such a proposal H passed by Parliament. H Referring to the operatioM section (c) of section 45, 1^1 thought a property should to the publie as well as to tflB There had been extraorfl| amples of applications bejH for revaluations, and one of^H extraordinary in recent tiisH case in which an owner ot^H acres of land for a £5 owner was entitled to his on that basis and escape^H rates, unloading his liabii^H other rate payers in the diaH Mr. Ranson said he wotil^H carefully into the suggest^H sion of the operation of He did not think it was the moment, even if it werc^B to repeal Section 50 of questioned whether it wa^H to deny the individual tli^H apply- for revaluations. both representations woul^B into carefully. In revisiflj valuation at the present icularly in boroughs whicI^H the unimproved value, th^H would be to place heavier occupied sections and to^^H to vacaxit sections. _^fl