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LAND TAX MANAGEMENT ACT 1956 - SECT 34 Meaning of land tax payable in respect of certain land

LAND TAX MANAGEMENT ACT 1956 - SECT 34

Meaning of land tax payable in respect of certain land

34 Meaning of land tax payable in respect of certain land

(1) Where in this Act reference is made to the land tax payable by a person in respect of any land or interest, the reference is to so much of the whole land tax payable by the person as bears to the whole land tax payable by the person the proportion which the average value of the land or interest referred to bears to the average value of all the land (including any interest in land) owned by the person.