LAND TAX ACT 2005 - SECT 67C Requirements for trustee of superannuation trust

LAND TAX ACT 2005 - SECT 67C

For the purposes of section 67(1)(b)(iii), the requirements for an owner who is a trustee of a superannuation trust to which the land is subject are that—

        (a)     all the members or beneficiaries (as the case requires) of the trust are relatives; and

        (b)     at least one member or beneficiary (as the case requires) of the trust is normally engaged in a substantially full-time capacity in the business of primary production referred to in section 67(1)(a)(iii).

S. 67D inserted by No. 46/2019 s. 25.