(1) Subject to this Act and the Taxation Administration Act 1996 , the
Chief Commissioner shall from the returns and from any other information in
the Commissioner's possession or from any one or both of those sources, and
whether any return has been furnished or not, cause an assessment to be made
of the taxable value of the land owned by any taxpayer and of the land tax
payable thereon.
(2) An assessment can be made even if the time for lodging
returns has not yet expired.
