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LAND TAX ACT 2005 - SECT 87 Governor in Council may exempt

LAND TAX ACT 2005 - SECT 87

Governor in Council may exempt

    (1)     The Governor in Council, on the recommendation of the Treasurer, may by Order published in the Government Gazette exempt—

        (a)     a transmission easement holder from liability to pay land tax on the transmission easement; or

        (b)     a transmission easement from land tax.

    (2)     In considering whether to recommend an exemption under subsection (1), the Treasurer may have regard to—

        (a)     the need to promote the economic development of Victoria;

        (b)     the need to promote and not hinder the development of energy infrastructure in Victoria;

        (c)     any other factor that the Treasurer considers is appropriate.