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Valuation of Land (General Valuation) (Amendment) Regulations 2006

Legislation · Victoria · 2020
i Valuation of Land (General Valuation) (Amendment) Regulations 2006 S.R. No. 117/2006 TABLE OF PROVISIONS Regulation Page 1. Objectives 1 2. Authorising provision 2 3. Principal Regulations 2 4. Change of name of Principal Regulations 2 5. New regulation 6A inserted 2 6A. Form of return of report of supplementary valuation to the Valuer-General 2 6. New regulation 7A inserted 3 7A. Information contained in objection 3 7. Form 2 of Schedule 1 substituted 3 Form 2—Report of General Valuation 3 8. Amendments to Form 3 of Schedule 1 5 9. New Form 4 inserted into Schedule 1 5 Form 4—Information Required for Objection to Valuation 5 10. Schedule 2 substituted 7 SCHEDULE 2—Codes 7 ═══════════════ ENDNOTES 21 -- 1 of 22 -- 1 STATUTORY RULES 2006 S.R. No. 117/2006 Valuation of Land Act 1960 Valuation of Land (General Valuation) (Amendment) Regulations 2006 The Governor in Council makes the following Regulations: Dated: 29 August 2006 Responsible Minister: ROB HULLS Minister for Planning JUSTINE FRANKLIN Acting Clerk of the Executive Council 1. Objectives The objectives of these Regulations are to amend the Valuation of Land (General Valuation) Regulations 2003— (a) to change the title of those Regulations; and (b) to prescribe certain forms and information relating to— (i) general valuations of rateable land in the area of a rating authority; and (ii) supplementary valuations of rateable land in the area of a rating authority; and (iii) objections against general and supplementary valuations of rateable land in the area of a rating authority; and -- 2 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 2 (c) to make minor amendments, including minor amendments to the list of property codes in Schedule 2 to those Regulations. 2. Authorising provision These Regulations are made under section 52 of the Valuation of Land Act 1960. 3. Principal Regulations In these Regulations, the Valuation of Land (General Valuation) Regulations 20031 are called the Principal Regulations. 4. Change of name of Principal Regulations In the title of the Principal Regulations, after "General" insert "and Supplementary". 5. New regulation 6A inserted After regulation 6 of the Principal Regulations insert— "6A. Form of return of report of supplementary valuation to the Valuer- General For the purposes of section 13DFA(1) of the Act, a supplementary valuation report is in the prescribed form if— (a) it is data, text or images stored on a data storage device; and (b) it sets out details of the information listed in Form 3 in Schedule 1 where relevant and applicable to a particular property or class of properties.". r. 2 -- 3 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 3 6. New regulation 7A inserted After regulation 7 of the Principal Regulations insert— "7A. Information contained in objection For the purposes of section 16(2)(a) of the Act, the prescribed information to be contained in an objection is the information set out in Form 4 of Schedule 1.". 7. Form 2 of Schedule 1 substituted For Form 2 of Schedule 1 to the Principal Regulations substitute— "FORM 2 Regulation 6 REPORT OF GENERAL VALUATION Valuation summary Area Date valuation was returned to rating authority Date of previous valuation returned to rating authority Name of Rating Authority Basis of rating Level of value date Level of value date of previous valuation Residential Commercial Industrial Rural Other (excluding Non Rateable) Total Number of assessments with buildings Number of assessments without buildings Total Net Annual Value r. 6 -- 4 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 4 Area Date valuation was returned to rating authority Date of previous valuation returned to rating authority Name of Rating Authority Basis of rating Level of value date Level of value date of previous valuation Residential Commercial Industrial Rural Other (excluding Non Rateable) Total Total Site Value Total Capital Improved Value Summary of previous valuation details as amended to the end of the rating year immediately preceding the current valuation Residential Commercial Industrial Rural Other (excluding Non Rateable) Total Number of assessments with buildings Number of assessments without buildings Total Net Annual Value Total Site Value Total Capital Improved Value General Comments (1) List and comment on the percentage change between this valuation and the previous valuation for each of the following land classifications— (a) residential; (b) commercial; (c) industrial; (d) rural production. (2) Specify the impact of any amendments to planning schemes, local laws, etc. on the valuation. r. 7 -- 5 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 5 (3) Comment on development in the area of the rating authority, recent trends, geographical, social and other factors influencing general levels of valuation of properties in the area of the rating authority. Signed: Name and Title: Date: __________________". 8. Amendments to Form 3 of Schedule 1 (1) In Form 3 of Schedule 1 to the Principal Regulations, for "Regulations 6 and 7" substitute "Regulations 6, 6A and 7". (2) For the heading to Form 3 of Schedule 1 to the Principal Regulations substitute— "INFORMATION IN REPORT AND RETURN OF GENERAL AND SUPPLEMENTARY VALUATION". 9. New Form 4 inserted into Schedule 1 After Form 3 of Schedule 1 to the Principal Regulations insert— "FORM 4 Regulation 7A INFORMATION REQUIRED FOR OBJECTION TO VALUATION PART A For each property objected to 1. The address of the property. 2. The rating authority's property reference number. 3. The name of the aggrieved person and whether that person is an owner and/or occupier. 4. The postal address of the aggrieved person (if different to subject property). r. 8 -- 6 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 6 5. The telephone contact details of the aggrieved person. 6. The area of the property in square metres or hectares. 7. The date of lodgement of the objection. 8. The value or values for which an objection is being lodged. PART B B1 For each property classified as residential land 1. The description of the dwelling including the area in square metres. 2. The details of any structural improvements erected on the property. B2 For each property classified as commercial or industrial land 1. The gross area of any buildings on the property in square metres. 2. The lettable area of any buildings on the property in square metres. 3. The nature of occupancy of any building on the property. 4. The commencement date and term in years of any lease relating to the property. 5. The actual net and/or gross rent payable per year, as specified in any lease. 6. The details of rent reviews specified in any lease. 7. The details of any incentives provided by the lessor in relation to the letting of the property. 8. The details of any outgoings relevant to the lease and the name of the person responsible for those outgoings. 9. The number of car parking spaces on the property or associated with any lease relating to the property and the annual rent payable for those spaces. 10. The details of any fixed plant. r. 9 -- 7 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 7 B3 For each property classified as rural production land 1. A description of the major soil types and topographical features on the property with the area of each type in hectares. 2. The details of the type and extent of any vegetation or planting found on the property with the area of each type in hectares. 3. The details of the existence and extent of any irrigation including details of user permit and access rights, and any dam and bore licences. 4. A description of the fencing, pastures and water supply on the property. 5. The details of any leases or licences for unused roads or water frontages. 6. A description of the main dwelling on the property (if any). 7. A description of any additional dwelling or other structural improvements to the property including any fixed plant. __________________". 10. Schedule 2 substituted For Schedule 2 to the Principal Regulations substitute— "SCHEDULE 2 Regulation 8 CODES CODES FOR PROPERTY 1. Encumbrances Code Description 1 The encumbrances cause a reduction in the total property's land value by more than 25% 2 The encumbrances cause a reduction in the total property's land value by more than 10% but not more than 25% r. 10 -- 8 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 8 3 The encumbrances cause a reduction in the total property's land value by up to 10% 4 The encumbrances have a nil or negligible influence on the total property's land value 5 The encumbrances have a positive influence on the total property's land value 2. Land classification Code Description Cancelled or Non-Active Assessments 000 Cancelled Assessments/History 010 Mastercard/Header/Parent Assessments— Residential 020 Mastercard/Header/Parent Assessments— Commercial 030 Mastercard/Header/Parent Assessments—Retail 040 Mastercard/Header/Parent Assessments— Industrial 060 Mastercard/Header/Parent Assessments—Rural Production 070 Mastercard/Header/Parent Assessments—Other 080 Unspecified—Cancelled or Non-Active Assessments Residential land classification codes 101 Air Space Development Site—Residential 103 Apartment House 105 Boarding House 107 Bungalow/Granny Flat 111 Dwelling with Shop/Office 113 Flat in House 115 Garage/Outbuilding 119 Half Pair or Duplex (Owner Occupier) 121 Half Pair or Duplex (Tenanted) 123 Half Pair or Duplex (Subdivided) r. 10 -- 9 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 9 124 Vacant Rural Residential (land 0⋅4 to 20 hectares) 125 Rural Residential (no house, land 0⋅4 to 20 hectares) 126 Rural Residential (with house, land 0⋅4 to 20 hectares) 127 Hostel 135 Detached House 145 Terrace 160 OYO Cluster Unit 161 OYO Company Share Flat 162 OYO Company Share Unit 163 Strata Dwelling 164 OYO Strata Flat 165 OYO Strata Unit 166 OYO Stratum Flat 167 OYO Stratum Unit 168 OYO Subdivided Dwelling 169 OYO Subdivided Flat 170 OYO Subdivided Unit 172 Religious Residential (manse, convent etc.) 180 Residential College/Quarters 181 Residential Land (Part Restructure) 182 Retirement Unit 183 Retirement Village—Apartments 184 Retirement Village—Community Centre 186 Special Accommodation House 187 Storage Area—Residential 188 Land with capability for subdivision 189 Subdivided land consisting of multiple lots 190 Unspecified—Residential and Accommodation 195 Vacant Residential Land r. 10 -- 10 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 10 196 Residential Land (with buildings which add no value) 509 Boat Shed/Bathing Box 518 Church/Place of Worship 533 Foreshore Reserve 566 Plantation Reserve 572 Recreation Reserve 575 Reserve—Outdoor Park and Facilities 578 Reserve for Drainage Purposes 636 House and Curtilage 710 Car Park—Open Air—Residential 714 Car Park—Undercover—Residential Commercial land classification codes 106 Bed and Breakfast 109 Caravan Park 117 Guest House 129 Hotel 131 Hotel and Gaming Venue 133 Hotel/Motel 154 Kennels/Cattery 156 Motel 176 Rental Flat (Owner Occupied) 178 Rental Flat (Tenanted) 185 Serviced Apartment 192 Tourist Accommodation/Holiday Flats 194 Tourist Resort Complex 205 Air Space Development Site—Commercial 210 Brothel 215 Car Wash 220 Display Yard 225 Funeral Parlour/Mortuary r. 10 -- 11 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 11 230 Office 235 Office (Converted Dwelling) 240 Office—Ground Level 245 Office—Upper Level 250 Office and Dwelling 255 Reception/Function Centre 260 Service Station 265 Serviced Office 270 Sign 275 Strata/Subdivided Office 280 Studio 285 Workroom 290 Unspecified—Commercial 295 Vacant Commercial Land 296 Commercial Land (with buildings which add no value) 304 Air Space Development Site—Retail 308 Automatic Teller Machine 312 Bank 316 Café 320 Car Sales Yard 324 Convenience Store/Fast Food 328 Department/Discount Department Store 332 Fast Food Restaurant 336 Kiosk 340 Licensed Supermarket 344 Liquor Store 348 Market Stall 352 Plant Nursery/Garden Supplies 356 Restaurant 360 Shop r. 10 -- 12 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 12 362 Shop (part of a larger complex) 364 Shop and Dwelling 368 Showroom 372 Supermarket 376 Tavern Bar 380 Timber Yard/Trade Supplies 390 Unspecified—Retail Trade 395 Vacant Retail Land 396 Retail Land (with buildings which add no value) 503 Amusement/Tourist Park 506 Bingo Centre 512 Bowling Alley 515 Bowling Club 521 Cinema/Theatre 524 Club/Clubroom 527 Entertainment Centre 536 Gallery/Museum 539 Gaming Venue/Casino 542 Golf Course/Driving Range 545 Gymnasium/Health Club 548 Hall/Auditorium 551 Indoor Sports Complex 554 Library 560 Nightclub/Cabaret 563 Outdoor Sports and Recreation Complex/Camp 569 Racecourse/Racetrack 584 Squash Courts 586 Swimming Pool 588 Tennis Club 590 Unspecified—Culture, Recreation and Sport r. 10 -- 13 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 13 595 Vacant Land—Culture, Recreation and Sport 598 Yacht Club 702 Airport/Airfield 706 Bus Terminal 708 Car Park—Open Air—Commercial 712 Car Park—Undercover—Commercial 726 Marina 730 Post Office 758 Television/Radio Station 803 Ambulance Station 806 Cemetery/Crematorium 809 Child Care Centre 812 Child Welfare and Preschool 815 Child Welfare Centre 818 Community Health Centre 821 Corrective Institution 824 Dental Clinic 827 Diagnostic Centre/X-Ray 830 Doctor's Surgery 839 Hospital—Private 842 Hospital—Public 845 Institutional Building 848 Kindergarten 851 Laboratory 854 Medical Centre/Surgery 863 Municipal Offices 866 Nursing Home 869 Police Station 872 Pre School 875 Primary School 878 Private Education Centre r. 10 -- 14 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 14 881 Public/Government Building 884 Public Convenience/Pavilion 887 Secondary School/College 889 Senior Citizens Clubrooms 890 Unspecified—Services—Public, Education and Health 892 Tertiary Education Institution 895 Vacant Land—Services—Public, Education and Health 897 Veterinary Clinic Industrial land classification codes 404 Abattoirs 408 Air Space Development Site—Industrial 412 Concrete Batching Plant 416 Dairy 420 Depot 424 Factory/Warehouse 428 Factory 432 Factory Unit 436 Garage/Motor Vehicle Repairs 440 Heavy Industrial 444 Ice Works 448 Office/Factory 452 Office/Warehouse 456 Oil Refinery/Depot 460 Petrochemical Plant 464 Processing Plant 468 Sawmill 472 Store 476 Tank Farm (Gas, Petrochemicals etc.) 480 Tannery 484 Workshop r. 10 -- 15 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 15 487 Wrecking Yard 490 Unspecified—Industrial and Manufacturing 492 Unspecified—Heavy Industrial 495 Vacant Industrial Land 496 Industrial Land (with buildings which add no value) 498 Warehouse 581 Shooting/Pistol Range 704 Aviation Workshop/Hangar 716 Cool Store/Cool Room 718 Dockyard 720 Electrical Substation Reserve 722 Hardstand/Storage Yard 724 Mail Centre 727 Wind Energy Facility (wind farm) 728 Pipeline 729 Power Generation Plant 732 Public Utility—Drainage 734 Public Utility—Electricity 736 Public Utility—Gas Supply 738 Public Utility—Sewerage 740 Public Utility—Telecommunications 742 Public Utility—Unspecified/Easement 744 Public Utility—Water Supply 746 Railway Station/Yard 748 Reservoir 750 Road/Highway 752 Silos 754 Telephone Exchange 756 Telecommunication Tower 760 Tip/Garbage Refuse Station r. 10 -- 16 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 16 762 Tramway/Light Rail 764 Transport Terminal 766 Weighbridge 768 Wharf/Pier 790 Unspecified—Transport, Storage, Utilities and Communications 795 Vacant Land—Transport, Storage, Utilities and Communications 833 Emergency Service 836 Fire Station 857 Military Base 860 Military Quarters 910 Extractive Industry (Less than 2 metres) 920 Quarry 930 Mine—Tunnel 940 Mine—Open Cut 990 Unspecified—Mining and Other 995 Vacant Land—Mining and Other Rural production land classification codes 530 Equestrian Centre 557 National/State Park 603 Aquaculture 606 Crop Production—Fodder Crops 609 Crop Production—Mixed/Other 612 Crop Production—Other Grains/Oil Seeds 615 Crop Production—Wheat 618 Forestry 621 Horticultural Production—Market Garden 624 Horticultural Production—Mixed/Other 627 Horticultural Production—Orchard 630 Horticultural Production—Tobacco 633 Horticultural Production—Vineyard/Winery r. 10 -- 17 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 17 639 Licence/Lease (Grazing, Unused Road, Water/Stone Reserve) 642 Livestock Production—Beef Cattle 645 Livestock Production—Dairy Cattle 648 Livestock Production—Goats 651 Livestock Production—Horses 654 Livestock Production—Mixed/Other 657 Livestock Production—Pigs 660 Livestock Production—Poultry 663 Livestock Production—Sheep 666 Mixed Use Farming 675 Rural Land with House 678 Stables 690 Unspecified—Rural Production 692 Standing Native Timber 694 Rural Land (Permanent Tenement) 695 Rural Land Excluding House 3. Topography Code Description 1 The topography causes the property's land value to be more than 30% below the average value in that street or neighbourhood 2 The topography causes the property's land value to be more than 10% below, but not more than 30% below, the average value in that street or neighbourhood 3 The topography does not cause the property's land value to be more than 10% above or below the average value in that street or neighbourhood 4 The topography causes the property's land value to be more than 10% above, but not more than 30% above, the average value in that street or neighbourhood r. 10 -- 18 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 18 5 The topography causes the property's land value to be more than 30% above the average value in that street or neighbourhood 4. Building condition Where applicable to residential and rural production land Code Description 1 The building is in poor condition 2 The building is in below average condition 3 The building is in average condition 4 The building is in good condition 5 The building is in excellent condition Where applicable to commercial and industrial land Code Description D grade The building is of poor quality construction and fit out C grade The building is of below average quality construction and fit out B grade The building is of average quality construction and fit out A grade The building is of above average quality construction and fit out Prime The building is of high quality construction and fit out CODES FOR RESIDENTIAL LAND 5. Shape of site Code Description 1 The property's shape causes the land value to be more than 50% below the average value in that sub-market area or neighbourhood 2 The property's shape causes the land value to be more than 30% below, but not more than 50% below, the average value in that sub-market area or neighbourhood r. 10 -- 19 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 19 3 The property's shape causes the land value to be more than 10% below, but not more than 30% below, the average value in that sub-market area or neighbourhood 4 The property's shape does not cause the land value to be more than 10% above or below the average value in that sub-market area or neighbourhood 5 The property's shape causes the land value to be more than 10% above the average value in that sub-market area or neighbourhood 6. Quality of style Code Description 1 The building is of poor quality of style 2 The building is of below average quality of style 3 The building is of average quality of style 4 The building is of above average quality of style 5 The building is of excellent quality of style CODES FOR RURAL PRODUCTION LAND 7. Access Code Description 1 The property has no access 2 The property has poor access 3 The property has fair access 4 The property has good access 5 The property has excellent access 8. Water supply Code Description 1 The property has no water supply for farming purposes 2 The property has an inadequate water supply for farming purposes r. 10 -- 20 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 20 3 The property has an adequate water supply for farming purposes 4 The property has a good water supply for farming purposes 5 The property has an excellent water supply for farming purposes 9. Fencing condition Code Description 1 The condition of the property's fencing is poor 2 The condition of the property's fencing is fair 3 The condition of the property's fencing is average or good 4 The condition of the property's fencing is very good 5 The condition of the property's fencing is new or as new 10. Pasture condition Code Description 1 The feed value of the pasture compared to the district average is poor 2 The feed value of the pasture compared to the district average is fair 3 The feed value of the pasture compared to the district average is average or good 4 The feed value of the pasture compared to the district average is very good 5 The feed value of the pasture compared to the district average is excellent". ═══════════════ r. 10 -- 21 of 22 -- S.R. No. 117/2006 Valuation of Land (General Valuation) (Amendment) Regulations 2006 21 ENDNOTES 1 Reg. 3: S.R. No. 153/2003. Endnotes -- 22 of 22 --