Victorian Numbered Acts

STATE TAXATION AND OTHER ACTS AMENDMENT ACT 2016 (NO. 40 OF 2016) - SECT 26

    (1)     In section 67(2)(d)(iii)(B) of the Land Tax Act 2005 , for "land." substitute "land; or".

    (2)     After section 67(2)(d) of the Land Tax Act 2005 insert —

    "(e)     a trustee of a superannuation trust of which—

              (i)     all the members or beneficiaries (as the case requires) of the trust are relatives; and

              (ii)     at least one member or beneficiary (as the case requires) of the trust is normally engaged in a substantially full-time capacity in the business of primary production of the type carried on on the land.".