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Electricity Network Assets (Authorised Transactions) Act 2015
40Land tax
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40 Land tax
40 Land tax
(1) The exception provided for a sublessee in section 21C of the Land Tax Management Act 1956 does not apply to a sublessee under an authorised transaction sublease and the sublessee is liable for land tax accordingly.
(2) An authorised transaction sublease is a sublease entered into for the purposes of an authorised transaction.