This Act makes provision for the valuation of real property for purposes of levying of rates by a local authority pursuant to any law. The 45 sections are divided into 5 Parts: Preliminary (I); Valuation (II); Valuation Procedure; Objections and Proposals (III); Appeals (IV); Miscellaneous and Transitional (V). The First Schedule contains rules for the determination of annual rental value and the Second Schedule rules for the determination of capital value.
Guyana · 1969-01-01