(2)
"Rateable land" is any land or building unit, in the local government area,
that is not exempted from rates.
(3) The following land is exempted from
rates—
(a) unallocated State land within the meaning of the Land Act ;
(b)
land that is occupied by the State or a government entity, unless—
(i) the
government entity is a GOC or its subsidiary (within the meaning of the
Government Owned Corporations Act 1993) and the government entity is not
exempt from paying rates; or
(ii) the land is leased to the State or a
government entity by someone who is not the State or a government entity;
(c)
land in a state forest or timber reserve, other than land occupied under—
(i) an occupation permit or stock grazing permit under the Forestry Act ; or
(e) the following land under the
Transport Infrastructure Act —
(i) strategic port land that is occupied by a
port authority, the State, or a government entity;
(ii) strategic port land
that is occupied by a wholly owned subsidiary of a port authority, and is used
in connection with the Cairns International Airport or Mackay Airport;
(iii)
existing or new rail corridor land;
(iv) commercial corridor land that is not
subject to a lease;