• Specific Year
    Any

LAND TAX ACT 2005 - SECT 53A What is a right to reside?

LAND TAX ACT 2005 - SECT 53A

What is a right to reside?

    (1)     For the purposes of this Division, a person has a right to reside on land if—

        (a)     the right was granted on the death of the person previously occupying the land; and

        (b)     the right was granted in writing under a will or testamentary instrument; and

        (c)     the right was not granted or acquired for monetary consideration.

    (2)     For the purposes of this Division, a right to reside on land does not include—

        (a)     a right to occupy land as a lessee; or

        (b)     a right to occupy land as a beneficiary of a discretionary trust or as a unitholder in a unit trust scheme.

S. 53B inserted by No. 18/2023 s. 43.