{"id":"nsw:sl-2024-0196","name":"Land Tax Management Regulation 2024","slug":"land-tax-management-regulation-2024","collection":"regulation","jurisdiction":"nsw","status":"in_force","isInForce":true,"actNumber":"196 of 2024","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":174092,"registerId":"nsw-sl-2024-0196-current","compilationNumber":null,"startDate":"2026-04-05","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"pt","sectionType":"part","heading":null,"content":"# pt","sortOrder":0},{"sectionNumber":"1","sectionType":"section","heading":"Name of regulation","content":"#### 1 Name of regulation\n\n1 Name of regulation\n\n> This regulation is the [Land Tax Management Regulation 2024](/view/html/inforce/current/sl-2024-0196).","sortOrder":1},{"sectionNumber":"2","sectionType":"section","heading":"Commencement","content":"#### 2 Commencement\n\n2 Commencement\n\n> This regulation commences on the day on which it is published on the NSW legislation website.\n> \n> Note—\n> \n> This regulation repeals and replaces the [Land Tax Management Regulation 2019](/view/html/repealed/current/sl-2019-0077), which would otherwise be repealed on 1 September 2024 by the [Subordinate Legislation Act 1989](/view/html/inforce/current/act-1989-146), section 10(2).","sortOrder":2},{"sectionNumber":"3","sectionType":"section","heading":"Definition","content":"#### 3 Definition\n\n3 Definition\n\n> In this regulation—\n> \n> the Act means the [Land Tax Management Act 1956](/view/html/inforce/current/act-1956-026).\n> \n> Note—\n> \n> The Act and the [Interpretation Act 1987](/view/html/inforce/current/act-1987-015) contain definitions and other provisions that affect the interpretation and application of this regulation.","sortOrder":3},{"sectionNumber":"3A","sectionType":"section","heading":"Public register of land subject to reduction in land value under the Act, s 9F","content":"#### 3A Public register of land subject to reduction in land value under the Act, s 9F\n\n3A Public register of land subject to reduction in land value under the Act, s 9F\n\n> > (1) For the Act, section 9F(12), the public register may be kept in any way the Chief Commissioner considers appropriate, including only in electronic form.\n> \n> > (2) The Chief Commissioner must record in the public register the following information for each parcel of land that is subject to the reduction in land value under the Act, section 9F in relation to a land tax year—\n> > \n> > > (a) the land tax year in relation to which the parcel of land is subject to the reduction in land value,\n> > \n> > > (b) the address of the parcel of land,\n> > \n> > > (c) the owner of the parcel of land,\n> > \n> > > (d) the lot and deposited plan number of the parcel of land,\n> > \n> > > (e) other information the Chief Commissioner considers appropriate.\n> \n> > (3) The Chief Commissioner must ensure the information for a parcel of land required to be recorded under subsection (2) is recorded in the public register by 1 April in the relevant land tax year.\n> \n> > (4) The Chief Commissioner may amend the register to correct a mistake or omission in the information recorded in the register for a parcel of land.\n> \n> **s 3A:** Ins 2025 (671), Sch 1.","sortOrder":4},{"sectionNumber":"4","sectionType":"section","heading":"Exemption from land tax for certain lessees of NSW Land and Housing Corporation land","content":"#### 4 Exemption from land tax for certain lessees of NSW Land and Housing Corporation land\n\n4 Exemption from land tax for certain lessees of NSW Land and Housing Corporation land\n\n> > (1) For the Act, section 21C(6)(a), a lease of land from the New South Wales Land and Housing Corporation is exempt from the Act, section 21C if—\n> > \n> > > (a) the dominant purpose of the lease is to enable the lessee to provide housing, which may include affordable or social housing, and\n> > \n> > > (b) the lease has a term of at least 10 years.\n> \n> > (2) In this section—\n> > \n> > affordable housing has the same meaning as in the [Environmental Planning and Assessment Act 1979](/view/html/inforce/current/act-1979-203).\n> > \n> > social housing means residential accommodation provided by a social housing provider within the meaning of the [Residential Tenancies Act 2010](/view/html/inforce/current/act-2010-042).","sortOrder":5},{"sectionNumber":"5","sectionType":"section","heading":"Repeal and savings","content":"#### 5 Repeal and savings\n\n5 Repeal and savings\n\n> > (1) The [Land Tax Management Regulation 2019](/view/html/repealed/current/sl-2019-0077) is repealed.\n> \n> > (2) An act, matter or thing that, immediately before the repeal of the [Land Tax Management Regulation 2019](/view/html/repealed/current/sl-2019-0077), had effect under that regulation continues to have effect under this regulation.","sortOrder":6}],"analysis":{"issue_detection":{"absurdities":[],"contradictions":[]},"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":true,"description":"Scope is changed by adding a mandatory public register regime for land-value reductions (s 3A) and by specifying a new exemption for certain Land and Housing Corporation lessees (s 4). The regulation expressly repeals the 2019 regulation but preserves acts and rights that existed immediately before repeal (s 5(1)–(2)), so existing effects continue while these new, targeted requirements and exemptions are introduced."},"complexity_factors":["New public register obligation requiring the Chief Commissioner to record specified data for each parcel subject to a land-value reduction and to do so by 1 April in the relevant land tax year (s 3A(2),(3)).","Chief Commissioner discretion over register format and additional information to record (s 3A(1),(2)(e)), and power to correct entries (s 3A(4)).","Targeted exemption for lessees of NSW Land and Housing Corporation land tied to subjective 'dominant purpose' and a minimum 10-year term, relying on external statutory definitions for 'affordable housing' and 'social housing' (s 4(1)–(2)).","Repeal of the 2019 regulation with a savings provision preserving existing effects immediately prior to repeal, which may require mapping prior entries and rights to the new instrument (s 5(1)–(2)).","Cross-references to the Land Tax Management Act 1956 and other Acts for interpretation and defined terms, adding interpretive dependency (s 3; notes)."],"plain_english_summary":"The Land Tax Management Regulation 2024 replaces the 2019 regulation and adds two main practical rules. It requires the Chief Commissioner to keep a public register listing parcels that receive a reduction in land value (with set fields and an April 1 recording deadline) and creates a land tax exemption for lessees of NSW Land and Housing Corporation land where the lease’s dominant purpose is providing housing and the lease term is at least 10 years."},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"},"summary":{"complexity_score":3,"scope_assessment":{"changed":false,"description":"Based on the available metadata, there is no indication that the scope of this regulation has shifted from its original intent. It remains a standard administrative regulation supporting the Land Tax Management Act, with a routine update applied on 12 December 2025. No scope expansion or contraction is evident from the information provided."},"complexity_factors":["The document provided contains only metadata and administrative/website navigation content — the actual substantive provisions of the regulation are not included, making full analysis impossible","Land tax law in NSW generally involves interaction between the parent Act and this subordinate regulation, adding a layer of complexity for readers trying to understand the full picture","The staged repeal mechanism under the Subordinate Legislation Act 1989 adds a temporal complexity that laypeople may find confusing","Multiple point-in-time versions exist, meaning the applicable rules may differ depending on when an event occurred"],"plain_english_summary":"This regulation sets out the operational rules for administering land tax in New South Wales under the Land Tax Management Act. It affects owners of taxable land (typically investors and non‑principal residences) and Revenue NSW by specifying how assessments, information obligations and procedural matters are handled. It commenced 7 June 2024, was updated 12 December 2025, and is scheduled to be repealed on 1 September 2029 unless renewed."},"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This regulation appears to maintain the same limited scope as its predecessor. It is a standard remaking of an expiring subordinate instrument with minor updates (notably the addition of section 3A regarding the public register, which appears to be a new administrative requirement). The core purpose — providing administrative detail for the Land Tax Management Act — remains unchanged."},"complexity_factors":["Very short document (5 sections, approximately 1 page)","Only 2 substantive operational provisions (sections 3A and 4)","Minimal defined terms (only 'the Act', 'affordable housing', and 'social housing' — with the latter two being reference definitions to other statutes)","No nested exceptions or complex conditional logic","Straightforward administrative requirements with clear deadlines (1 April)","Simple repeal and savings clause with no transitional complexities"],"plain_english_summary":"**What this regulation does:**\n\nThis is a New South Wales regulation that sets out administrative rules for how land tax works in the state. It replaces an earlier 2019 version that was due to expire.\n\n**Key things it covers:**\n\n* **Public register of land value reductions** — The Chief Commissioner of State Revenue must keep a public register listing properties that get a reduction in their taxable land value under section 9F of the Land Tax Management Act 1956. The register must include details like the address, owner, and lot/plan number, and be updated by 1 April each year. It can be kept electronically.\n\n* **Tax exemption for social housing leases** — Leases from the NSW Land and Housing Corporation are exempt from land tax if the main purpose is providing affordable or social housing, and the lease runs for at least 10 years. \"Affordable housing\" and \"social housing\" are defined by reference to other NSW laws.\n\n* **Savings provision** — Anything that was valid under the old 2019 regulation continues to be valid under this new one.\n\n**Who it affects:**\n\n* Property owners and investors who claim land value reductions\n* Social housing providers leasing from the NSW Land and Housing Corporation\n* The Chief Commissioner of State Revenue (who administers the register)\n\n**Why it matters:**\n\nThis regulation ensures transparency about which properties receive land tax concessions, and supports the government's social housing objectives by removing tax barriers for long-term affordable housing leases."}},"importantCases":[],"_links":{"self":"/api/acts/land-tax-management-regulation-2024","history":"/api/acts/land-tax-management-regulation-2024/history","analysis":"/api/acts/land-tax-management-regulation-2024/analysis","conflicts":"/api/acts/land-tax-management-regulation-2024/conflicts","importantCases":"/api/acts/land-tax-management-regulation-2024/important-cases","documents":"/api/acts/land-tax-management-regulation-2024/documents"}}