34K Division applies to land despite change in legal description This Division applies to land or part of land whether or not there has been a change in the legal description of the land or part of land. An example of a change in the legal description of land is the issuing of new certificates of title of land following a subdivision of the land. Part 3—Assessment of land tax Division 1—Rate of land tax 35 What is the rate of land tax? S. 35(1) amended by Nos 28/2017 s. 54(1), 47/2020 s. 41(a), 52/2021 s. 57(1). (1) The rate of land tax (other than vacant residential land tax or BTR special land tax) is set out in Schedule 1. Note to s. 35(1) inserted by No. 85/2005 s. 24, substituted by No. 26/2015 s. 29(1).

Previous section34JWhen must BTR special land tax be paid?Next sectionSch 1sets out 5 different rates of land tax. Part 1 sets out the general rates of land tax, Part 2 sets out the rate of land tax on transmission easements, Part 3 sets out the land tax surcharge rates for trusts (see also Division 2A of this Part), Part 4 sets out the general absentee owner land tax surcharge rates and Part 5 sets out the land tax surcharge rates for absentee trusts (see also Division 2AB of this Part).