Australian Capital Territory Consolidated Acts

LAND TAX ACT 2004 - SECT 31

This division stops applying to a parcel of land on the happening of any of the following days:

        (a)     if the parcel is subdivided under the Unit Titles Act—the day after the end of the quarter when the subdivision happens;

        (b)     if the owner of the land does not apply under the Unit Titles Act, part 3 within 30 days beginning on the day when a certificate of occupancy under the Building Act 2004 is issued for the development, or within any longer period that the commissioner allows, for the subdivision of the land under the Unit Titles Act—the 1st day after the end of the 30 day period or the longer period;

        (c)     if the land is not subdivided under the Unit Titles Act within 1 year beginning on the day the application (or, if there is more than 1 application, the 1st application) mentioned in paragraph (b) was made, or within any longer period that the commissioner allows—the 1st day after the end of the 1 year period or the longer period;

        (d)     if there is a variation of the lease, so that the development of the land partly for residential and partly for commercial purposes is no longer allowed—the day the change happens;

        (e)     if development of the land for subdivision under the Unit Titles Act is abandoned—the day it is abandoned;

        (f)     if the application made under the Rates Act 2004 , section 31 for the parcel of land is withdrawn by written notice to the commissioner—the day the notice is given;

        (g)     if the commissioner gives notice to the applicant that the application is to be treated as withdrawn—the day the notice is given.