Queensland Numbered Acts

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LAND TAX ACT 2010 No. 15 - SECT 55

55 Port authority land

(1) This section applies to land--

(a) that is owned by a port authority, or a wholly owned subsidiary of a port authority, and used by it as a commercial airport, including airport land within the meaning of the Airport Assets (Restructuring and Disposal) Act 2008; and
(b) to the extent the land is--
(i) used for a runway, taxiway, apron, road, vacant land, buffer zone or grass verge; or
(ii) identified in a land use plan approved under the Transport Infrastructure Act 1994, section 286, or the Airport Assets (Restructuring and Disposal) Act 2008, chapter 3, part 1, as land designated for a purpose mentioned in subparagraph (i); or
(iii) occupied by the Commonwealth, the State, an exempt Commonwealth authority or an exempt State authority, other than a port authority.

(2) The land is exempt land.

(3) This section stops applying to land mentioned in subsection (1)(b)(i) or (ii) when either of the following events first happens--

(a) a development permit under the Sustainable Planning Act 2009 comes into force for the land for a use that is not mentioned in subsection (1)(b)(i);
(b) development within the meaning of the Sustainable Planning Act 2009, other than reconfiguring a lot, starts for a use that is not mentioned in subsection (1)(b)(i).

(4) In this section--

exempt Commonwealth authority means an authority established under a Commonwealth law and exempted, under that or another Commonwealth law or a law of the State, from paying land tax.

exempt State authority means an authority established under a law of the State and exempted, under that or another law of the State or a law of the Commonwealth, from paying land tax.

port authority see the Transport Infrastructure Act 1994, schedule 6.



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