15—Change of ownership
(1) Subject to this
Act, no land and no person assessed for tax is relieved of a charge or
liability for tax in respect of a particular financial year by reason of a
change in the ownership of the land, or any other event, occurring after the
commencement of the financial year.
(2) The Commissioner
may refuse to recognise any change in the ownership of any land until the
amount of the tax in respect of the land has been paid.
(3) The Commissioner
may refuse to recognise any change in the ownership of any land where notice
of that change of ownership has not been given as required by the regulations.
the Commissioner refuses to recognise a change in the ownership of any land,
the person who is recognised by the Commissioner as the owner of the land
remains the taxpayer in respect of the land.