LAND TAX ACT 2005 - SECT 46 Land tax on parts of land
LAND TAX ACT 2005 - SECT 46
Land tax on parts of land(1) If it is necessary to assess land tax (other than vacant residential land tax) on a part of land, the land tax applicable to that part is the proportion of the land tax, assessed on the taxable value of the whole land, that the taxable value of the part bears to the total taxable value of the whole land.
S. 46(2) inserted by No. 28/2017 s. 60(2).
(2) If it is necessary to assess vacant residential and tax on part of land, the vacant residential land tax applicable to that part is the proportion of the vacant residential land tax, assessed on the taxable value of the whole of the land, that the taxable value of the part bears to the total taxable value of the whole land.
S. 46AA inserted by No. 69/2011 s. 29.