Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) All land in the Precinct is rateable except land specified in subsection (2).
(2) For subsection (1), the following land is specified:
(a) land that is exempt from rates under section 15(5);
(b) land of the Corporation, other than land that is leased for a purpose that does not give rise to an exemption from rates under section 15(5);
(c) land of the Commonwealth, other than land that the Commonwealth has agreed be rateable.