10CATaxation of land owned by Place Management NSW

10CA Taxation of land owned by Place Management NSW

10CA Taxation of land owned by Place Management NSW

(1) Nothing in this Act operates to exempt from land tax, or to otherwise affect the liability to land tax of, a lessee of any land—

(a) that is owned by Place Management NSW, and

(b) that was owned by the Sydney Cove Redevelopment Authority immediately before its dissolution on 1 February 1999, and

(c) in respect of which the Sydney Cove Redevelopment Authority was, immediately before 1 February 1999, liable for land tax under section 10C of this Act as then in force for the land tax year starting on 1 January 1999,

while that land remains in the ownership of Place Management NSW.

(2) For the purposes of this section, it is immaterial whether the lease was entered into before, on or after 1 January 1991.

(3) This section applies to and in respect of land tax chargeable on land for the land tax year starting on 1 January 2001 and subsequent land tax years.

s 10CA: Ins 2000 No 105, Sch 3 [2]. Am 2017 No 22, Sch 2.23 [2].