South Australian Current Acts South Australian Current Acts (1) Subject to this
Act, the site value of land is its taxable value.
(2) Land tax in
respect of a particular financial year is calculated on the basis of
determinations of site value in force under the Valuation of Land
Act 1971 as at midnight on 30 June immediately preceding the commencement
of that financial year (whether the determination is actually made before, on
or after that date).
(3) Where a
determination of site value as in force at the date referred to in
subsection (2) is corrected or amended under the Valuation of Land
Act 1971 (whether in pursuance of an objection, review or appeal or
otherwise), the determination of site value, as corrected or amended, must be
used for the calculation of land tax.