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Land valuation for renewables projects – important case update
Renewable energy developers should be aware of a recent Queensland case concerning the land valuation methodology applicable to renewables projects in Queensland under the Land Valuation Act 2010, which has ramifications for land tax and local government rates applying to renewables projects. The Queensland Court of Appeal recently handed down a decision concerning the proper valuation methodology under the Land Valuation Act 2010 (LVA) to be applied to Neoen’s 500MW Western
By Mark Cowan & Grace Chiari
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