Australian Capital Territory Consolidated Acts

LAND TAX ACT 2004 - SECT 23

    (1)     This section does not apply to a parcel of land sold under section 24.

    (2)     A person who, apart from section 22, would be entitled to a parcel of land may, within 16 years after the day the commissioner takes possession of the parcel—

        (a)     inspect the accounts kept under section 22; and

        (b)     ask the commissioner to put the person in possession of the parcel.

    (3)     On request under subsection (2), the commissioner must put the person in possession of the parcel of land—

        (a)     if land tax, rates or both are payable for the parcel—on payment by the person of the amount payable; and

        (b)     if the parcel is subject to a lease made by the commissioner under section 22—subject to the lease.

    (4)     If no-one is put in possession of the parcel of land under this section within 16 years after the day the commissioner takes possession of the parcel—

        (a)     the parcel vests absolutely in the Commonwealth; and

        (b)     rent and any other amounts received by the commissioner in relation to the land vest in the Territory.