Tasmanian Consolidated Acts Tasmanian Consolidated Acts
(1) In a financial year beginning on 1 July following the commencement of this Act or on 1 July in any subsequent year, the amount of land tax payable in respect of general land is to be calculated in accordance with Schedule 1 according to the assessed land value of that land.
(2) If principal residence land is apportioned under section 26, 28, 29 or 30 of the Land Tax Act 2000, the amount of land tax payable in respect of the apportioned assessed land value in respect of any general land is to be calculated in accordance with Schedule 1 according to the apportioned assessed land value of the general land.
(3) If primary production land is apportioned under section 27 of the Land Tax Act 2000, the amount of land tax payable in respect of any land apportioned as general land is to be calculated in accordance with Schedule 1 according to the apportioned assessed land value of the general land.