The steps of the valuation of property are take care by the special valuer who is having experience and doing the valuation of Valuations SA and making the whole process done in effective ways to solve the major complex steps. The Government should look separately at establishing a fiscal mechanism for capturing a fair proportion of the uplift in land values – this would be a more appropriate mechanism for providing necessary infrastructure that is not related to a particular development (see paragraphs 8 – 12).
Local authorities should be encouraged to use formulae relating to costing the impact of development in agreeing Planning Obligations. The use of formulae to establish the value of a development for the purposes of capturing a proportion of its value is not relevant to the operation of Planning Obligations as the TCPA envisages them under the new system.
You are the one person whop is doing the valuation process in simple and effective to do the whole property valuation with easy steps and easy and effective steps to do the full process and make the whole process done in easy steps. Doing a full process for valuation of house it is said that the whole process is done with simple ways. Such formulae would be relevant to fiscal measures for land value capture purposes, and the TCPA supports the development and introduction of such a mechanism. The TCPA agrees that this is appropriate in some circumstances, such as when certain trigger points are reached in the development of major schemes.
Pooling of contributions can be useful in some circumstances, so long as the link to the development is maintained (see paragraph 11). However, in the case of Planning Obligations mechanisms exist for sums to be repaid to applicants if matters within Section 106 agreements are not progressed. This can also be applied to pooled Section 106 contributions. It should be possible to use entirely standard forms of agreement in suitable circumstances which therefore require no additional work by local authority/ applicant legal advisors.