Northern Territory Consolidated Acts

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NORTHERN TERRITORY RATES ACT 1971 - SECT 36

Between seller and purchaser rate deemed to accrue from day to day

As between a person who by a transaction disposes of an estate or interest in an allotment of rateable land and the person to whom that estate or interest is disposed, a current rate accrues from day to day and, subject to any agreement between them, is apportionable to and including the date of settlement of that transaction.



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