Land Tax Act 2010
sec.61Other security for payment of unpaid land tax
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sec.61 Other security for payment of unpaid land tax
The commissioner may take security for the payment of unpaid land tax. The security must be in the form of a bank guarantee or cash deposit, or both. In this section— bank guarantee means a guarantee by a body corporate authorised under a law of the Commonwealth relating to banking to carry on banking business in Australia. (sec.61-ssec.1) The commissioner may take security for the payment of unpaid land tax. (sec.61-ssec.2) The security must be in the form of a bank guarantee or cash deposit, or both. (sec.61-ssec.3) In this section— bank guarantee means a guarantee by a body corporate authorised under a law of the Commonwealth relating to banking to carry on banking business in Australia.