This Act may be cited as the Valuation of Land Amendment Act, 1926, and shall be read together with and deemed part of the Valuation of Land Act, 1925 (hereinafter referred to as the principal Act).

The definition of the term “land” in section two of the principal Act is hereby amended as from the commencement of that Act, as follows:—

Where for any reason the value of any land does not appear on any valuation roll, either separately or as part of a larger area, or where for any reason the value of any interest in any land or of any thing included for the purposes of the principal Act in the meaning of the term “land” has not been included in the value of any land as appearing on any district valuation roll, the value of such land, interest, or thing shall be entered on the district valuation roll, and on the valuation roll of the local authority compiled therefrom, as on the thirty-first day of March, nineteen hundred and twenty-six, or the thirty-first day of March immediately preceding the date on which the valuation is actually entered upon the district valuation roll, whichever date is the later:

Provided that nothing herein shall authorize the entry on any roll of the value of any interest or thing as aforesaid as on a date earlier than the creation of such interest, or the commencement of the existence of such thing, as the case may be:

Provided also that nothing herein shall authorize the value of any trees to be retained upon the valuation roll of any local authority after the thirty-first day of March, nineteen hundred and twenty-seven.