Victorian Current Acts Victorian Current Acts(1) The Tribunal must review a matter referred to it and, subject to subsection (2), may confirm, reduce, increase or vary the assessment or decision.
(2) If the taxpayer does not appear before the Tribunal, the Tribunal must confirm the assessment or decision. However, if good cause is shown, the Tribunal, within the time prescribed by the regulations, may re-open and review the matter.
S. 111(3) repealed by No. 52/1998 s. 311(Sch. 1 item 89.2), new s. 111(3) inserted by No. 88/2005 s. 113, amended by Nos 69/2011 s. 41, 16/2024 s. 53.
(3) If the matter under review relates to a valuation made for or on behalf of the Commissioner under section 21(1)(b) of the Land Tax Act 2005 used by the Commissioner in an assessment of land tax or commercial and industrial property tax, the Tribunal has the same powers with respect to that matter as it has in a review under Part III of the Valuation of Land Act 1960 and the provisions of that Part, with any necessary modifications, apply accordingly.
S. 111(4) inserted by No. 88/2005 s. 113.
(4) The powers of the Tribunal under subsection (3) are in addition to its powers and functions under this Act and the Victorian Civil and Administrative Tribunal Act 1998 .