(see s 3)
Part 1.1 Taxation Administration Act 1999
[1.1] New section 4 (ia)
insert
(ia) the Planning and Development Act 2007 , division 9.6.3 (Variation of nominal rent leases);
Part 1.2 Unit Titles Act 2001
[1.2] New section 20 (2A)
insert
(2A) Also, if a unit title application relates to a lease located within a prescribed zone, the planning and land authority may approve the application only if the lease states the number of units (however described) permitted on the land and the application is for not more than the permitted number of units.
[1.3] Section 20 (8), new definition of prescribed zone
insert
"prescribed zone" means a zone identified in the territory plan that is prescribed by regulation.