Unit subdivisions—land tax
27 Unit subdivisions—land tax
This section applies to a parcel of land that is a unit subdivision.
If land tax imposed for the parcel of land for the quarter when the units plan is registered is not paid before registration of the units plan, it is payable by the person who was the owner of the parcel on the day before the day when the units plan was registered.
On and after the 1st day of the next quarter after the day when the units plan is registered or, if it is registered on the 1st day of a quarter, on and after that day—
any land tax imposed for the parcel of land is payable by the unit owners whose units are subject to land tax; and
the amount payable by each unit owner whose unit is subject to land tax is the amount worked out under subsection (4), (5) or (6), whichever applies; and
no land tax for the parcel is payable by the owners corporation.
If a unit that is part of a unit subdivision—
is owned by someone other than a corporation or trustee; and
contains multiple dwellings; and
has at least 1 of the dwellings in the unit occupied—
as the principal place of residence by 1 or more owners of the unit, including an owner who is a personal representative of a deceased person; or
as the principal place of residence by a person having a life or term interest in the unit under a will; or
by a person who pays no rent for the unit, or is liable only to pay an amount that is not more than the total amount required for rates, repairs, maintenance and insurance in relation to the unit; and
has at least 1 of the dwellings rented by a tenant;
the amount worked out for the unit is as follows:
If a unit that is part of a unit subdivision—
is owned by either a corporation or trustee, and
another person who is exempt from paying land tax for the parcel under—
section 10 (Land exempted from s 9 generally), other than section 10 (1) (a) (viii); or
section 11 (Land exempted from land tax);
the amount worked out for the unit is as follows:
If a unit is part of a unit subdivision, and subsections (4) and (5) do not apply—the amount worked out for the unit is as follows:
In this section:
AI means the value of all interests in the unit.
AUV—see section 9 (4).
AUVRU means the AUV of the parcel proportionate to the number of residential units in the parcel, worked out as follows:
AUVRUP means the AUVRU adjusted by the applicable percentage rate, worked out as follows:
C&TI means the value of all interests in the unit held by corporations and trustees.
dwelling—
means a room, or suite of rooms, used or capable of being used as a separate residence; but
does not include a garage, carport, garden shed, veranda, pergola, patio, or any other structure not used for living in.
FA means the floor area of the dwelling that is rented.
FC—see section 9 (4).
P—see section 9 (4).
residential unit means a unit that is residential land.
TFA means the total floor area of the unit.
TUE means the total unit entitlement of all the units in the units plan.
TUER means the total unit entitlement of all the residential units in the units plan.
UE means the unit entitlement of the unit.
unit entitlement—see the Unit Titles Act, section 8.
units plan means a units plan under the Unit Titles Act, section 7.
This Act’s bill:Explanatory statementSecond reading speech
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