sec.76Application for land to be exempt land

sec.76 Application for land to be exempt land

An application for land to be exempt land for a financial year must be made in the approved form. However, an application need not be made if— the land was exempt land for the previous financial year; and the ownership of the land has not changed; and the land continues to be exempt land under the same provision of this Act. Also, an application need not be made if— subsection (2) does not apply in relation to the land for a financial year; and on the basis of available information, the commissioner believes that— the land is exempt land under section 41 for the financial year; or part of the land is exempt land under section 42 for the financial year; and the commissioner has given the owner of the land a notice stating that the commissioner believes the land or part of the land to be exempt land for the financial year. s 76 amd 2023 No. 18 s 14 (sec.76-ssec.1) An application for land to be exempt land for a financial year must be made in the approved form. (sec.76-ssec.2) However, an application need not be made if— the land was exempt land for the previous financial year; and the ownership of the land has not changed; and the land continues to be exempt land under the same provision of this Act. (sec.76-ssec.3) Also, an application need not be made if— subsection (2) does not apply in relation to the land for a financial year; and on the basis of available information, the commissioner believes that— the land is exempt land under section 41 for the financial year; or part of the land is exempt land under section 42 for the financial year; and the commissioner has given the owner of the land a notice stating that the commissioner believes the land or part of the land to be exempt land for the financial year.

• (a) the land was exempt land for the previous financial year; and
• (b) the ownership of the land has not changed; and
• (c) the land continues to be exempt land under the same provision of this Act.
• (a) subsection (2) does not apply in relation to the land for a financial year; and
• (b) on the basis of available information, the commissioner believes that— (i) the land is exempt land under section 41 for the financial year; or (ii) part of the land is exempt land under section 42 for the financial year; and
• (i) the land is exempt land under section 41 for the financial year; or
• (ii) part of the land is exempt land under section 42 for the financial year; and
• (c) the commissioner has given the owner of the land a notice stating that the commissioner believes the land or part of the land to be exempt land for the financial year.
• (i) the land is exempt land under section 41 for the financial year; or
• (ii) part of the land is exempt land under section 42 for the financial year; and