Victorian Consolidated Legislation

Land Tax Act 2005 - SECT 34

Deferral of special land tax in certain circumstances

34. Deferral of special land tax in certain circumstances



(1) This section applies to any land referred to in section 30(1) except where
the land ceases to be exempt land immediately on a change of ownership, or
within 60 days after a change of ownership.

(2) Despite section 32 or 33, the taxpayer may elect to defer the payment of
the special land tax until the sooner of-

   (a)  a change of ownership of the land, or any part of it; or

   (b)  3 years after the day on which the land ceased to be exempt land.

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