PLANNING AND DEVELOPMENT ACT 2005 - SECT 200
PLANNING AND DEVELOPMENT ACT 2005 - SECT 200
200 . Owners’ liability to pay tax
(1) Subject to
subsection (3), a person who, at midnight on 30 June in any year is the owner
of land in the metropolitan region is liable to pay Metropolitan Region
Improvement Tax on the land in accordance with this Act.
(2) The land is
chargeable with the tax imposed by and at the rate imposed by the
Metropolitan Region Improvement Tax Act 1959 .
(3) An owner of land
in the metropolitan region is also liable to pay Metropolitan Region
Improvement Tax in accordance with sections 14 and 15 of the
Land Tax Assessment Act 2002 and, for that purpose, those sections are to
apply as if references in those sections to land tax and the Land Tax Act 2002
were respectively references to Metropolitan Region Improvement Tax and the
Metropolitan Region Improvement Tax Act 1959 .
(4) For the purposes
of this Act the provisions of the Land Tax Assessment Act 2002 and the
Taxation Administration Act 2003 , relating to land tax and land so far as
they can be made applicable with all necessary modifications or adaptations
apply to the Metropolitan Region Improvement Tax and land in the metropolitan
region.
(5) Despite anything
contained in any other law, the amount of the tax which the Commissioner of
State Revenue is to treat as having come into his or her possession under this
Act in each financial year is to be the amount of the tax which becomes
payable in that financial year.