Australian Capital Territory Consolidated Acts

LAND TAX ACT 2004 - SECT 29

    (1)     If the commissioner makes a determination under the Rates Act 2004 , section 32 (2) for a parcel of land—

        (a)     this division applies to the parcel; and

        (b)     this division is taken to have begun to apply to the parcel on the 1st day when, under the current lease of the land, the parcel became an eligible parcel of land.

    (2)     In this section:

"eligible parcel of land "means a parcel of rateable land for which the lease of the parcel allows development of the parcel for residential and commercial purposes.