(a) All valuations for land reform are carried out in terms of Section 12 of the Property Valuations Act, 2014 (Act No. 17 of 2014). The criteria for determining the value is as follows:
“value” for purposes of section 12 (1)(a), means the value of property identified for purposes of land reform, which must reflect an equitable balance between the public interest and the interest of those affected by the acquisition, having regard to all the relevant circumstances, including the-
(b) Not applicable.
(c) The values of properties earmarked for land reform are determined using the criteria as outlined in part (a) above.