Land Betterment Charge (Table of Rates and Valuation Method) Regulations 2022
Table of Contents
Enacting Formula
Part 1 PRELIMINARY
1 Citation and commencement
2 Definitions
Part 2 TAX RATE
3 Prescribed percentage of increase in value of any land
Part 3 TABLE OF RATES METHOD
Division 1 — General
4 Application of Part
5 Working out pre-chargeable valuation: general
6 Working out post-chargeable valuation: general
7 Purpose not within any Use Group
Division 2 — Special provisions
8 Special provision for residential developments
9 Special provision for development involving single dwelling‑house
10 Special provision for Use Groups F, G and H
11 Multiple purposes
12 Special provision where partial change of use or addition or alteration work with increase in floor area
13 Disregarded hotel development in determining pre-chargeable valuation
Division 3 — Discounting
14 Discounting for temporary written permission
15 Discounting for leasehold land
16 No double discounting
Part 4 VALUATION METHOD
17 Application of Part
18 Election to use Valuation method instead of Table of Rates method
Part 5 GENERAL PROVISIONS
19 Requirements for determination of land betterment charge