If the amount of land tax payable by a person in a financial year beginning on 1 July 1998 or on 1 July in any subsequent year is an amount that when converted to cents is not exactly divisible by 10 and a number of cents remains after that division is made –

(a) if the number of cents remaining is more than 5, the amount of land tax payable by that person is to be rounded up to the nearest amount exactly divisible by 10; and

(b) if the number of cents remaining is 5 or less, the amount of land tax payable by that person is to be rounded down to the nearest amount exactly divisible by 10.