|Description of this FunctionDescription of this Function|
One significant use for land valuations has been for the assessment of land tax. The Victorian Land Tax Act 1910 (No.2284) provided for a tax to be levied on the unimproved value of land and for the general assessment of land values. Valuations for this purpose were able to be undertaken by valuers employed under the Act, or were able to be obtained from any local authority, which included municipal councils or any other agency empowered to make and levy rates. Valuers were subsequently employed under the Act within the Department of the Treasurer (VA 865). This situation changed from 1 January 1969 following proclamation of section 3(b) of the Land Tax Act 1968 (No.7773) which determined that valuations which could be used for the assessment and levy of taxation included: those made by a rating authority within the meaning of the Valuation of Land Act 1960; those made by the Valuer-General or a valuer nominated by the Valuer-General; those made under the Land Tax Act prior to the coming into operation of section 3(b) of the 1968 legislation. This effectively resulted in the transfer, in 1969, of the valuation staff of the Land Tax (Valuation) Branch of the Department of the Treasurer (VA 8655) to the Local Government Department, significantly expanding the size and functions of the Office of the Valuer-General.
It is believed that the provision of valuations for land tax assessment ceased to be a function of the office of the Valuer-General in the early 1970's. To the current day, valuations are supplied to the land tax section of the State Revenue Office by the various municipalities.