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 31 - Conservation covenants  

SECTION 31-15.03   CHARGE FOR MAKING VALUATION  

31-15.03(1)    
The amount of the charge for making the valuation is an amount equal to the sum of the actual cost of the valuation and all other costs to the Commissioner in obtaining the valuation.

31-15.03(2)    
However, if the Commissioner starts the valuation but the application for the valuation is withdrawn or treated as having no effect under subsection 31-15.06(2) , the amount of the charge for making the valuation is an amount equal to the costs to the Commissioner in obtaining the incomplete valuation.