Valuation officer jurisdiction: asset value thresholds determine which valuation officer handles land and building valuations and transfers. Regional Valuation Officers supervise District Valuation Officers, Valuation Officers and Assistant Valuation Officers. Allocation of valuation functions for buildings, lands and rights is governed by asset value thresholds: highest-value assets to District Valuation Officers, mid-range assets to Valuation Officers, lower-value assets to Assistant Valuation Officers, with provisos allowing higher officers to perform lower-tier functions for efficient management. Pending valuations on commencement of the amendment must be transferred downward if the declared value falls within specified limits; value is assessed for the asset as a whole whether owned individually or jointly.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Valuation officer jurisdiction: asset value thresholds determine which valuation officer handles land and building valuations and transfers.
Regional Valuation Officers supervise District Valuation Officers, Valuation Officers and Assistant Valuation Officers. Allocation of valuation functions for buildings, lands and rights is governed by asset value thresholds: highest-value assets to District Valuation Officers, mid-range assets to Valuation Officers, lower-value assets to Assistant Valuation Officers, with provisos allowing higher officers to perform lower-tier functions for efficient management. Pending valuations on commencement of the amendment must be transferred downward if the declared value falls within specified limits; value is assessed for the asset as a whole whether owned individually or jointly.
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