Delivering Victorian Infrastructure (Port of Melbourne Lease Transaction) Act 2016
83No land tax is payable
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83 No land tax is payable
No land tax is payable under the Land Tax Act 2005 in respect of Crown land that is the subject of a lease entered into for the purposes ofan authorised transaction.
84 Rates under Local Government Act 1989
Crown land that is the subject of a lease entered into for the purposes of an authorised transaction is not rateable land within the meaning of section 154 of the Local Government Act 1989.