Victorian Current Acts Victorian Current Acts(1) The Commissioner must, in respect of any windfall gains tax payable in respect of rateable land or non-rateable leviable land, give the person liable to pay the tax a notice of valuation that shows the capital improved value of the land as assessed in the supplementary valuation made under Part IIB.
(2) A notice of assessment of windfall gains tax served under section 14 of the Taxation Administration Act 1997 that shows the capital improved value of the land is taken to be a notice of valuation for the purposes of subsection (1).
S. 15A inserted by No. 3/2004 s. 19, amended by No. 88/2005 s. 117(Sch. 2 item 10.4).