retrieval-0002Document excerpt 2

Help to Buy (Commonwealth Powers) Act 2026 Act No. of 2026 sch. 1 20 5A. Exclusion of Commonwealth from application of section 15 of Act The Commonwealth and Housing Australia are excluded from the application of section 15 of the Act in respect of any interest in land held by the Commonwealth, or Housing Australia, as a result of a Help to Buy arrangement. Land Tax Act 2000

1. After section 11, the following section is inserted in Division 1: 11A. Owners of land under Help to Buy arrangement (1) In this section – Help to Buy arrangement has the same meaning as in the Help to Buy Act 2024 of the Commonwealth; Housing Australia has the same meaning as in the Housing Australia Act 2018 of the Commonwealth. (2) For the purposes of assessing land tax payable in respect of land purchased under a Help to Buy arrangement, including the application of any exemptions or concessions under this Act in respect of the land, no account is to be

Help to Buy (Commonwealth Powers) Act 2026 Act No. of 2026 sch. 1 21 taken of any interest that the Commonwealth or Housing Australia has in the land as a result of the arrangement. Government Printer, Tasmania