THE PROPERTY VALUATION BILL

Tuesday, November 26, 2013
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The PROPERTY VALUATION BILL [B 54-2013] ISBN 978-1-77597-162-7 was published in Government Gazette No.36993 of 1 November 2013. In order to deal with the challenges faced by the State in meeting targets in land reform and land distribution programmes, this new draft legislation is proposed to give effect to the provisions of the Constitution which provide for land reform and land restitution, and to facilitate these through the valuation of property identified for the purpose, as well as to determine compensation for such property based on criteria which include but are not limited to market value.

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