This Act provides for how land is to be valued for various other Acts and for other purposes as may be required from time to time. There shall be a valuer-general for Norfolk Island who shall be appointed by the Minister. The Act sets out valuation methodologies. For deciding the value of land, all land is taken to be granted in fee simple. An owner may object to a valuation of the owner’s land. The Act sets out the procedures for such objection. The valuer-general must consider and decide a properly made objection.

This Act amends the Land Administration Fees Act 1996 by repealing subsection 4(8) and inserting a new section, which concerns a fee payable in respect of the registration of an instrument other than an instrument referred to in subsections 4(1) and 4(7) and in section 6 (except paragraph (f)) of the Act.

This Act makes provision for the subdivision of land under Part 5 of the Planning Act 2002 and related matters such as the making of subdivision plans and the registration of subdivisions. The Act sets out requirements for a subdivision development application in addition to the requirements set out in Division 1 of Part 5 of the Planning Act 2002. The Registrar of Titles shall not register a subdivision or amalgamation of land without a written notice from the Chief Executive Officer stating approval and fulfilment of other conditions. The Act also provides for review of decisions.