AustLII Tasmanian Consolidated Acts

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LAND TAX ACT 2000 - SECT 25

Subdivisions

If land is subdivided within the meaning of Part 3 of the Local Government (Building and Miscellaneous Provisions) Act 1993 , the land value of that land is –
(a) before any block in that subdivision is sold or transferred, the land value determined as if it were a single parcel of land; and
(b) after a block in that subdivision is sold or transferred, the aggregate land value of the remaining blocks not sold nor transferred.


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