Valuation of Land Act (Cap. 58:03).
This Act provides for the appointment of the Commissioner of Valuations and the valuation of agricultural and other land. The Commissioner shall make a valuation of the: (a) site value and improved value; or (b) capital value and annual rental value, of every parcel of land or any part thereof. Fresh valuation in respect of land shall commence as near as may be to five years from the date of the last valuation of the land as recorded in the Valuation Roll.