New South Wales Consolidated Acts

ELECTRICITY NETWORK ASSETS (AUTHORISED TRANSACTIONS) ACT 2015 - SECT 40

40 Land tax

(1) The exception provided for a sublessee in section 21C of the Land Tax Management Act 1956 does not apply to a sublessee under an authorised transaction sublease and the sublessee is liable for land tax accordingly.

(2) An
"authorised transaction sublease" is a sublease entered into for the purposes of an authorised transaction.