40Assessment of joint occupiers of land

40 Assessment of joint occupiers of land (1) This section applies if 2 or more persons own land in severalty but occupy it jointly. (2) Land tax is to be assessed on the persons as if they were joint owners of the land. (3) For the purposes of this Act, persons (the ***joint occupiers***) are taken to occupy land jointly if the land is occupied, worked or managed— (a) by any one or more of the joint occupiers on behalf of all of the joint occupiers or on a joint account; or (b) by any other person as trustee for or otherwise on behalf of all of the joint occupiers. (4) Subsection (3) does not limit the circumstances in which persons may be taken to occupy land jointly.