Valuation Act, 2001
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SCHEDULE 5 | ||
Plant Referred to in Section 51 | ||
1.—All constructions affixed to a relevant property (whether on or below the ground) and used for the containment of a substance or for the transmission of a substance or electric current, including any such constructions which are designed or used primarily for storage or containment (whether or not the purpose of such containment is to allow a natural or a chemical process to take place), but excluding any such constructions which are designed or used primarily to induce a process of change in the substance contained or transmitted. | ||
2.—All fixed furnaces, boilers, ovens and kilns. | ||
3.—All ponds and reservoirs. |