95ARefunds payable, &c., consequent on related objections affecting taxation liability

### 95A Refunds payable, &c., consequent on related objections affecting taxation liability > [*\[Section 95A of Part 10 Inserted by No. 36 of 2004, s. 47, Applied:01 Dec 2004\]*](/view/html/inforce/2004-12-01/act-2004-036#GS47@EN) > > > (1)  This section applies where, as a result of an objection under [section 28 of the](/view/html/inforce/2026-04-12/act-2001-102#GS28@EN) [Valuation of Land Act 2001](/view/html/inforce/2026-04-12/act-2001-102) , the valuation of any land in respect of which a land tax assessment has been made is lowered by the Valuer-General under [section 30](/view/html/inforce/2026-04-12/act-2001-102#GS30@EN) of that Act. > > > (2)  If this section applies – > > > > > > (a) the Commissioner is, as soon as practicable, to reassess the land tax payable in respect of the revalued land; and > > > > > > > (b) if the Commissioner determines from the reassessment that there has been an overpayment of land tax by the taxpayer, the Commissioner is to refund the amount of the overpayment, together with interest on that amount calculated at the market rate referred to in [section 35(1)(a)](#GS35@Gs1@Hpa@EN) on a daily basis from whichever of the following is the later date until the date of the refund: > > > > > > > > > > (i) the date of payment of the amount overpaid; > > > > > > > > > > > (ii) the date on which the Commissioner made the land tax assessment referred to in [subsection (1)](#GS95A@Gs1@EN) . > > > (3)  In this section – > > > > > ***land tax assessment*** means an assessment pursuant to [section 12(1) of the](/view/html/inforce/2026-04-12/act-2000-074#GS12@Gs1@EN) [Land Tax Act 2000](/view/html/inforce/2026-04-12/act-2000-074) ; > > > > > ***valuation*** means the valuation on a valuation roll within the meaning of the [Valuation of Land Act 2001](/view/html/inforce/2026-04-12/act-2001-102) .