Land Tax Act 2010

This section applies if a person who owns land, or proposes to acquire land, proposes to use the land for an eligible BTR development, whether by constructing or substantially renovating 1 or more buildings on the land.

The person may apply to the commissioner for a ruling on whether, if the proposed development is carried out, the person’s liability for land tax for a financial year will be assessed on the basis that a concession under section 58B applies in relation to the land.

The application must—

be in the approved form; and

be supported by enough information to enable the commissioner to make a ruling.

The commissioner must give the applicant notice of the commissioner’s ruling on the application.

In this section—