Australian Capital Territory Numbered Acts

LAND TAX ACT 2004 (NO. 4 OF 2004) - SECT 18

    (1)     This section applies to a parcel of land if—

        (a)     the parcel starts or stops being rateable in the quarter; and

        (b)     land tax is payable for the parcel at any time during the quarter.

    (2)     In working out the land tax payable for the parcel of land under section 9 (Imposition of land tax), the amount of land tax payable for the parcel for the quarter is the amount worked out by the commissioner in accordance with the following formula:

    (3)     In subsection (2):

"taxable days" means the number of days in the quarter that the parcel of land was a rateable parcel.

"quarter days" means the number of days in the quarter.