Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) The Commissioner may require a person who is liable to pay duty determined by reference to the value of property to provide a declaration by a competent valuer of the unencumbered value of the property or to provide such other evidence of that value as the Commissioner thinks fit.
(2) The Commissioner may assess duty in accordance with the value so declared.
(3) The Commissioner may have property valued if he or she is not satisfied with the value so declared and may assess duty on the basis of the valuation.
(4) The Commissioner may recover the cost of obtaining a valuation under this section of the dutiable property.