(2) A
"land tax disclosure statement" is a statement that advises the lessee that
the lessee will be liable for land tax in respect of the land during the term
of the lease if land tax is payable on the land.
(7) A Government entity that enters into a lease of land
owned by the Government entity and that fails to comply with this section is a
"non-complying lessor" for any land tax on the land that becomes payable
during the term of the lease.
(8) This section applies to a lease
only if the lessee under the lease is considered to be the owner of the land
for land tax purposes because of section 21C.
(9) In this section--
"Government entity" means the Crown, a local council or any other entity not
liable for land tax in respect of land it owns under section 21C.