18BOwners of land under shared equity arrangements

18B Owners of land under shared equity arrangements (1) For the purpose of assessing land tax, including the application of any exemptions or concessions, on land purchased under a shared equity arrangement, no account is to be taken of any interest the State has in the land. ***home*** has the meaning given by section 4 of the **First Home Owner Grant and Home Buyer Schemes Act 2000**; ***home buyer scheme*** has the meaning given by section 34A of the **First Home Owner Grant and Home Buyer Schemes Act 2000**; ***shared equity arrangement*** means an arrangement, including an arrangement made under a home buyer scheme, under which the State contributes to the purchase of a home, or land on which a home will be affixed, and takes an equitable interest in the land to which the home is or will be affixed. S. 18C inserted by No. 10/2025 s. 16.