Div 5Land held on implied, constructive or resulting trust

Division 5—Land held on implied, constructive or resulting trust 13E—Land held on implied, constructive or resulting trust (1) A person who is the owner of land as trustee of an implied, constructive or resulting trust is liable for land tax on the land assessed in accordance with section 8A(1) at the rates set out in Schedule 1 Part 2. (2) The trustee is to be assessed for land tax on the whole of the land subject to the trust as if the land were the only land owned by the trustee. 13F—Trustee's right to reimbursement under implied, constructive or resulting trust A trustee of an implied, constructive or resulting trust who pays any land tax assessed on land subject to the trust is entitled to recoup the amount of the tax from any trust property that is subject to the trust.