LAND TAX ASSESSMENT ACT 2002 - SECT 28A

LAND TAX ASSESSMENT ACT 2002 - SECT 28A

28A .         Terms used

                In this Subdivision —

        exemption period means —

            (a)         in relation to section 24, 25 or 27 — an assessment year;

            (b)         in relation to section 24A, 25A or 27A — a period of 2 consecutive assessment years;

            (c)         in relation to section 28F — a period of 3 consecutive assessment years, or 4 consecutive assessment years if an extension is granted under section 28H;

            (d)         in relation to section 28G — a period of 2 consecutive assessment years, or 3 consecutive assessment years if an extension is granted under section 28I;

        exemption provision means section 24, 24A, 25, 25A, 27, 27A, 28F or 28G;

        new lot , in relation to a subdivision of land, means a lot that comes into existence as a result of the subdivision;

        parent lot , in relation to a subdivision of land, means a lot that ceases to be a lot for the purposes of this Act under the Glossary clause 2(2) as a result of the subdivision.

        [Section 28A inserted: No. 12 of 2019 s. 140; amended: No. 9 of 2024 s. 6.]