Victorian Consolidated Legislation

Land Tax Act 2005 - SECT 74

Charitable institutions and purposes

74. Charitable institutions and purposes



(1) Land is exempt land if the Commissioner determines that-

   (a)  it is used by a charitable institution exclusively for charitable
        purposes; or

   (b)  it is-

   (i)  owned by a charitable institution; and

   (ii) vacant; and

   (iii) declared by its owner to be held for future use for charitable
        purposes.

(2) If the Commissioner is satisfied that only a part of land is used by a
charitable institution exclusively for charitable purposes-

   (a)  land tax is assessable on the remaining part of the land, unless
        another exemption applies to that part; and

   (b)  section 22 applies, if necessary, for that purpose.

(3) To obtain an exemption from land tax under this section, the owner of the
land must-

   (a)  apply to the Commissioner for the exemption; and

   (b)  give the Commissioner any information the Commissioner requests for
        the purpose of enabling the Commissioner to determine whether the land
        is exempt under this section.