Victorian Consolidated Legislation

Victorian Conservation Trust Act 1972 - SECT 3B

Tax and rating remissions

3B. Tax and rating remissions



(1) If any land is the subject of a covenant under section 3A(1) and it
appears to the Trust that the preservation of such land in its natural state
is not economically feasible and that such preservation is thereby endangered,
the Trust may so report to the Minister.

(2) If the Minister has received a report under subsection (1), the Minister
may do one or both of the following-

   (a)  with the consent of the Treasurer, make an order remitting, subject to
        subsection (5), the whole or any part of the tax payable by the owner
        under the Land Tax Act 1958 that is attributable to the land
        concerned; and

   (b)  after consultation with any relevant rating authority and with the
        consent of the authority or of the Minister administering the
        legislation under which the authority is constituted, make an order
        remitting, subject to subsection (5), the whole or any part of any
        relevant rates payable in respect of such land.

(3) Any order made by the Minister under subsection (2) may at any time in
like manner and subject to the like consents and conditions (if any) be varied
or revoked by the Minister.

(4) The Commissioner of State Revenue and any rating authority concerned must
comply with any order made by the Minister under this section.

(5) Any land tax or rate remitted under this section during the preceding 5
years becomes payable on the release of the covenant in respect of the land
unless the Minister, on the recommendation of the Trust, otherwise directs.