12Exemptions from land tax and rates

12 Exemptions from land tax and rates

12 Exemptions from land tax and rates

(1) This clause applies to land subject to an ARTC lease or licence (being land that is not otherwise exempt from land tax or local government rates) if—

(a) rail infrastructure facilities are installed in, on or over the land or it is vacant land, or

(b) the land is used primarily for railway purposes.

(2) To avoid doubt, this clause applies to land referred to in subclause (1) that is leased by ARTC to another person.

(3) In this clause, railway purposes include—

(a) the operation and maintenance of the NSW rail network, and

(b) stations and platforms, and

(c) office buildings used in association with a purpose referred to in paragraph (a) or (b), and

(d) purposes ancillary to a purpose referred to in paragraph (a) or (b),

but do not include rolling stock maintenance facilities, freight centres or depots or related facilities.

(4) Land tax is not payable by ARTC in relation to land to which this clause applies.

(5) Local government rates are not payable in relation to land to which this clause applies.