Land Tax Act 2010
sec.94Land that was exempt, or for which deduction allowed, under repealed Act
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sec.94 Land that was exempt, or for which deduction allowed, under repealed Act
This section applies to land if, for the financial year beginning on 1 July 2009 (the 2009–2010 financial year )— the land was exempt under the repealed Act; or a deduction was allowed for the land under the repealed Act. For sections 76 and 77, the land is taken to have been exempt land for the 2009–2010 financial year. Section 76(2)(c) is taken to be satisfied for the financial year beginning on 1 July 2010 if— the land is exempt land for the financial year; and the provision of this Act under which the land is exempt land corresponds with the provision of the repealed Act under which the land was exempt, or the deduction was allowed, for the 2009–2010 financial year. (sec.94-ssec.1) This section applies to land if, for the financial year beginning on 1 July 2009 (the 2009–2010 financial year )— the land was exempt under the repealed Act; or a deduction was allowed for the land under the repealed Act. (sec.94-ssec.2) For sections 76 and 77, the land is taken to have been exempt land for the 2009–2010 financial year. (sec.94-ssec.3) Section 76(2)(c) is taken to be satisfied for the financial year beginning on 1 July 2010 if— the land is exempt land for the financial year; and the provision of this Act under which the land is exempt land corresponds with the provision of the repealed Act under which the land was exempt, or the deduction was allowed, for the 2009–2010 financial year.
- (a) the land was exempt under the repealed Act; or
- (b) a deduction was allowed for the land under the repealed Act.
- (a) the land is exempt land for the financial year; and
- (b) the provision of this Act under which the land is exempt land corresponds with the provision of the repealed Act under which the land was exempt, or the deduction was allowed, for the 2009–2010 financial year.