Land Tax Assessment Act 2002
Subdiv 1Exemptions and rebates for private residential property
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Subdivision 1 — Exemptions and rebates for private residential property
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Residences owned by individuals, exemptions for 25
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Residence owned by executor etc., exemption for if beneficiary in will exercising right to reside 26
23A. Exemption for residence owned by executor or administrator if beneficiary in will has right to future ownership and is resident 27
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Continued exemption after death of resident 27
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Construction of private residence, one year exemption for 29
24A. Construction of private residence, 2 year exemption for 30
- Refurbishment of private residence, one year exemption for 31
25A. Refurbishment of private residence, 2 year exemption for 32
- Exemption for residence of disabled person held in trust 33
26A. Exemption for residence of disabled person owned by relative 34
26B. Exemption for property owned by individual in care 35
- Moving between 2 private residences, application of exemption 37
27A. Construction or refurbishment of second private residence, 2 year exemption for 38
- Inner city residential property, rebate for 40