Income Tax Assessment (1997 Act) Regulations 2021

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS  

Division 30 - Gifts or contributions  

SECTION 30-212.08   VALUATION CERTIFICATES  

30-212.08(1)    
If the Commissioner completes the valuation, the Commissioner must give a valuation certificate to the applicant for the valuation.

30-212.08(2)    
The Commissioner must approve, in writing, one or more forms of a valuation certificate for the purposes of subsection (1).

30-212.08(3)    
The certificate must include the following information:

(a)    the date on which the valuation was completed;

(b)    a description of any real property (including a lot and plan number, title reference and the location of the property);

(c)    a full description of property other than real property;

(d)    the period for which the valuation is in force;

(e)    a statement of the valuation.

30-212.08(4)    
The certificate may include other information.

30-212.08(5)    
The Commissioner must not give a valuation certificate to the applicant until:

(a)    the valuation has been completed; and

(b)    the Commissioner has received the full amount of the charge payable for making the valuation.