Exemption from rates and taxes

Current

For a period of 5 years from the effective date of the Railways Agreement, land transferred under the Railways Agreement and used for the operation of a railway is exempt from—

(a)

land tax under the Land Tax Act 1936; and

(b)

rates and other imposts under the Local Government Act 1934.

This Act’s bill:Second reading speech

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9 Exemption from rates and taxes