Western Australian Consolidated Acts Western Australian Consolidated Acts (1) Where, under
section 8(1)(b), a person is taken to be the owner of a portion of a lot,
then a reference in a land tax Act, other than in clause 6, to the
taxable value of the land is a reference to the amount, as determined by the
Valuer-General, that bears the same proportion to the taxable value of the lot
as the portion of the lot bears to the total potential lettable area of the
lot as defined in subsection (2).
(2) The total
potential lettable area of a lot is the total area of the lot that is capable
of being let, as determined by the Valuer-General on the assumption that none
of the land is used for an exempt purpose and having regard to the lease
conditions of the portion of the lot for which a value is required.
[Section 13 amended by No. 40 of 2003
s. 4; No. 19 of 2009 s. 5.]