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Property Valuation Act to be implemented in August

Author: Mpho Raborife

President Jacob Zuma has announced that as of August 1 the Property Valuation Act of 2014 will come into operation. 

The presidency said in a statement on Wednesday the act would, among other things, provide regulation of the valuation of property that had been identified for land reform as well as property that had been identified for acquisition or disposal by the department of rural development and land reform. 

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