Land Tax Regulations 2021
4Prescribed owner of land
Start here
Get a plain-English read of 4
Turn the raw legal text into a practical explanation grounded in Land Tax Regulations 2021.
4 Prescribed owner of land
For the purposes of paragraph (b) of the definition of owner in section 3A(1) of the Act, the following persons are prescribed:
(a) in the case of land not registered under the Land Titles Act 1980 and subject to a mortgage or other encumbrance under which a person is entitled to an equity of redemption, the person for the time being having that equity of redemption;
(b) in the case of land not registered under the Land Titles Act 1980 and not subject to a mortgage or other encumbrance –
(i) if a person is entitled to an estate of freehold in the land for his or her life, that person; or
(ii) if subparagraph (i) does not apply, the person entitled to an estate in fee simple in the land.