The derestriction value of property used for agriculture, market gardening, nurseries or orchards.
The derestriction value arises when the properties in question are, pursuant to the law on urban and rural zones, transferred to an urban zone or weekend cottage district.
The derestriction value is the amount by which a final amount exceeds a basic amount.
The final amount is the value of the property at the time of its first valuation following transfer to the urban zone or weekend cottage district.
The basic amount is the value of the property at the time of the last valuation prior to transfer, less any difference arising pursuant to the law on valuation, paragraph 14, subparagraph 6 increased by 50 %.
The value of the property at the time of the 13th general valuation as at 1 August 1965 may be used as the basic amount.
It is possible when calculating the derestriction value to deduct certain expenses incurred for improvements to the property and any loss in the value of the buildings.