New South Wales Consolidated Acts

LAND TAX MANAGEMENT ACT 1956

- As at 24 June 2024 
- Act 26 of 1956 

TABLE OF PROVISIONS

           Long Title

   PART 1 - PRELIMINARY

   1.      Name of Act
   2.      Construction
   3.      Definitions
   3A.     Special trust--meaning
   3B.     Concessional trust--meaning

   PART 2 - ADMINISTRATION

   4.      Taxation Administration Act 1996
           4A-6. (Repealed)

   PART 3 - LAND TAX

   7.      Land tax on taxable value of land
   8.      Date of ownership for purposes of land tax
   9.      Taxable value
   9AA.    Average value of land
   9A.     Concession for unutilised land value
   9B.     Strata
   9BA.    Colliery holdings
   9C.     Reduction in land value for flats on mixed development land or mixed use land
   9D.     Reduction in land value for single dwellings on mixed use land
   9E.     Reduction in land value for certain build-to-rent properties
   10.     Land exempted from tax
   10AA.   Exemption for land used for primary production
   10A.    Land used for several purposes
   10B.    Taxation of land owned by SAS Trustee Corporation
   10C.    (Repealed)
   10CA.   Taxation of land owned by Place Management NSW
   10D.    Taxation of land owned by certain statutory corporations
   10E.    Taxation of land acquired for Urban Land Council
           10F-10O. (Repealed)
   10P.    Limitation on exemption for charitable, educational, religious or non-profit bodies
   10Q.    Low cost accommodation--exemption/reduction
   10R.    Retirement villages--exemption/reduction
   10S.    Tax liability in respect of certain housing schemes
           10T, 10U. (Repealed)
   11.     Limitation of exemption

   PART 4 - RETURNS AND LIABILITY

   12.     Taxpayer to furnish returns
   13.     (Repealed)
   14.     Assessments to be made
   15.     Notice of assessment to contain certain matters
           16-19. (Repealed)
   20.     Holder of limited estate taken to be owner
   21.     Conditional purchases etc
   21A.    Company title units taken to be lots
   21B.    Joint owners of block of flats deemed to be owners of lots
   21C.    Liability of lessees of land owned by Crown or local government bodies
   21CA.   Government lessor to notify lessee of land tax liability
   21CB.   Recovery of land tax from non-complying lessor
   21D.    Liability of lessees of leasehold strata lots
   22.     Mortgagees
   23.     Mortgages
   24.     Trustees
   25.     Equitable owner
   25A.    Classification of trust as special trust
   26.     Purchaser and vendor
   27.     Joint owners
   28.     (Repealed)
   29.     Related companies
           30-32. (Repealed)
   33.     Deductions to prevent double taxation
   34.     Meaning of land tax payable in respect of certain land

   PART 5 - (Repealed)
   None

   PART 6 - COLLECTION AND RECOVERY OF LAND TAX

   39.     Date for payment of land tax
   40.     Discount for early payment
           41-44. (Repealed)
   45.     Statutes of limitations
   46.     Remedy against other persons where taxpayer makes default
   46A.    (Repealed)
   47.     Land tax to be first charge on land
           48, 49. (Repealed)
   50.     Functions of Hardship Review Board
   50A.    (Repealed)
   51.     Definition of land tax for certain purposes of this Part
           52, 53. (Repealed)

   PART 7 - VALUATION OF LAND
   Divisions 1-2A - (Repealed)
   None

           Division 3 - Unutilised value allowances

   62I.    Purpose and interpretation of Division
   62J.    Land that is eligible to have unutilised value ascertained
   62K.    Unutilised value allowance to be ascertained on application of owner
   62L.    How unutilised value allowance is ascertained
   62M.    Unutilised value allowance to be reascertained in certain cases
   62N.    Unutilised value allowance can be objected to

           Division 4 - Tax threshold and premium rate threshold

   62O.    (Repealed)
   62P.    Tax threshold
           62Q, 62R. (Repealed)
   62S.    Premium rate threshold
   62T.    Review of thresholds
   62U.    (Repealed)
           Divisions 4A, 5 - (Repealed)
           None

   PART 8 - MISCELLANEOUS

   63.     Powers of entry and investigation
   63A.    (Repealed)
   63B.    Application of Act to persons or bodies having Crown immunity
   64.     Agents and trustees
           65-67. (Repealed)
   68.     Valuer-General to furnish copies of Register of Land Values to Chief Commissioner
   68A.    Keeping of records by owners of land
           69-71. (Repealed)
   72.     Failure to furnish returns or information
   73.     Special provisions for land subject to property tax
           74-77. (Repealed)
   78.     General penalty
           79, 80. (Repealed)
   81.     Repeals and refunds
   82.     Regulations
   83.     Savings and transitional provisions

   PART 9 - (Repealed)
   None
           SCHEDULE 1AA
           SCHEDULE 1A
           SCHEDULE 1
           SCHEDULE 2