34Applying for deferral of payment of property tax

34 Applying for deferral of payment of property tax

34 Applying for deferral of payment of property tax

(1) A person (the applicant) who is liable to pay property tax on land may apply to the Chief Commissioner to defer the payment of property tax on the land if there are grounds for deferral.

(2) The application must be in a form approved by the Chief Commissioner.

(3) The Chief Commissioner may, if satisfied grounds for deferral exist—

(a) approve the application, and

(b) defer some or all of the property tax payable for—

(i) a financial year, or

(ii) if satisfied the grounds for deferral will continue for more than a financial year—a longer period.

(4) The Chief Commissioner may make a deferral for more than a financial year subject to conditions the Chief Commissioner considers to be reasonable and appropriate.