88BExemption for land occupied for purposes of attending place of business or employment

88B Exemption for land occupied for purposes of attending place of business or employment (1) Land is exempt from vacant residential land tax if, in the year preceding the tax year, the owner of the land or a vested beneficiary of a trust to which the land is subject— (a) used and occupied other land in Australia as a principal place of residence; and S. 88B(1)(b) amended by Nos 46/2019 s. 20(1)(b), 38/2023 s. 28. (b) used and occupied the land as a residence for the purposes of attending the owner's or vested beneficiary's place of business or employment and that place is in Victoria; and (c) used and occupied the land as a residence for the purposes referred to in paragraph (b) for an aggregate period of at least 140 days. S. 88B(2) inserted by No. 46/2019 s. 20(2). (2) For the purposes of this section, a reference to the owner of land does not include a reference to— S. 88C (Heading) amended by No. 46/2019 s. 21. S. 88C inserted by No. 28/2017 s. 65.