73Special provisions for land subject to property tax

#### 73 Special provisions for land subject to property tax 73 Special provisions for land subject to property tax > > (1) A reference in section 34(1) to the average value of land owned by a person does not include the value of land subject to property tax if the person is an included owner of the land. > > > (2) If the land subject to property tax is hybrid land, the value of the land subject to property tax means the value of the proportion of the land subject to property tax divided among the included owners of the land in proportion to their ownership shares. > > > (3) Despite section 47, unpaid land tax is not a charge on land subject to property tax if the land was subject to property tax before the liability for the land tax arose. > > > (4) Subsection (3) does not apply to hybrid land. > > > (5) To avoid doubt, land becoming subject to property tax does not affect an existing charge on the land. > > > (6) Terms used in this section have the same meanings as in the [Property Tax (First Home Buyer Choice) Act 2022](/view/html/inforce/current/act-2022-060). > > **s 73:** Am 1992 No 112, Sch 1. Rep 1996 No 98, Sch 1.3 \[28\]. Ins 2022 No 60, Sch 5.3.