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 Absentee Landowners Levy Act 1976 in Paragraph (1)(a) of section 3. That provision defines, for the purposes of the princiapal Act, an absentee, in relation to a year of levy: (a) a person, not being a company, who: (i) has been absent from Norfolk Island for more than one-half of the year of levy; and defines businesses.

Amends: Absentee Landowners Levy Act 1976. (2008-02-06)

This Act makes provision with respect to matters of inheritance. It adopts, subject to provisions of this Act and to any modifications effected by this Act, so far as applicable to the circumstances of Norfolk Island, the laws relating to the succession to and devolution of real and personal estate on death and to inheritance and to wills in force in New South Wales at the time of the coming into force of this Act, and more particularly the Inheritance Act of 1901 of New South Wales.