s. 2 in relation to a general valuation or return, S. 2(1) def. of supplementary valuation, means the act of return inserted by the valuer giving to the valuation authority a No. 69/2011 general valuation or a supplementary s. 48. valuation which has been signed and dated; S. 2(1) def. of of land, means the sum which the land, site value site value if it were held for an estate in fee simple inserted by unencumbered by any lease, mortgage or No. 55/1989 s. 5(1)(f). other charge, might in ordinary circumstances be expected to realise at the time of the valuation if offered for sale on such reasonable terms and conditions as a genuine seller might be expected to require, and assuming that the improvements (if any) had not been made; S. 2(1) def. of has the same meaning as transmission easement transmission in the Land Tax Act 2005; easement inserted by No. 3/2004 s. 15(a), amended by No. 88/2005 s. 117(Sch. 2 item 10.1). S. 2(1) def. of has the same transmission easement holder transmission meaning as in the Land Tax Act 2005; easement holder inserted by No. 3/2004 s. 15(a), amended by No. 88/2005 s. 117(Sch. 2 item 10.1). S. 2(1) def. of means— unit unit inserted by (a) a unit on a registered plan of strata No. 55/1989 subdivision subject to Schedule 2 to the s. 5(1)(f), amended by Subdivision Act 1988; and No. 22/2006 s. 8(1). (b) a stratum estate within the meaning of the Transfer of Land Act 1958; and
S. 2(1) def. of return inserted by No. 69/2011 s. 48. return, in relation to a general valuation or supplementary valuation, means the act of the valuer giving to the valuation authority a general valuation or a supplementary valuation which has been signed and dated; S. 2(1) def. of site value inserted by No. 55/1989 s. 5(1)(f). site value of land, means the sum which the land, if it were held for an estate in fee simple unencumbered by any lease, mortgage or other charge, might in ordinary circumstances be expected to realise at the time of the valuation if offered for sale on such reasonable terms and conditions as a genuine seller might be expected to require, and assuming that the improvements (if any) had not been made; S. 2(1) def. of transmission easement inserted by No. 3/2004 s. 15(a), amended by No. 88/2005 s. 117(Sch. 2 item 10.1). transmission easement has the same meaning as in the Land Tax Act 2005; S. 2(1) def. of transmission easement holder inserted by No. 3/2004 s. 15(a), amended by No. 88/2005 s. 117(Sch. 2 item 10.1). transmission easement holder has the same meaning as in the Land Tax Act 2005; s. 2 S. 2(1) def. of unit inserted by No. 55/1989 s. 5(1)(f), amended by No. 22/2006 s. 8(1). unit means— (a) a unit on a registered plan of strata subdivision subject to Schedule 2 to the Subdivision Act 1988; and (b) a stratum estate within the meaning of the Transfer of Land Act 1958; and
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