Property Valuation Act, 2014 (Act No. 17 of 2014)Chapter 3 : Valuation of Property12. Valuations by Office of Valuer-General |
| (1) | Whenever a property has been identified for— |
| (a) | purposes of land reform that property must be valued by the Office of the Valuer-General for purposes of determining the value of the property having regard to the prescribed criteria procedures and guidelines; or |
| (b) | acquisition or disposal by a department, for any reason other than that mentioned in paragraph (a), the market value of such property may, at the request of a department, be determined by the Office of the Valuer-General. |
| (2) | A written notice must be delivered to the owner or person in charge of a property that has been identified in terms of subsection (1), within seven working days of such identification. |