Victorian Numbered Acts

DUTIES AND LAND TAX ACTS (AMENDMENT) ACT 2005 (NO 85 OF 2005) - SECT 19

After section 45(5) of the Land Tax Act 1958 insert —

    "(5A)     If a joint owner of land is a trustee of a trust to which the land is subject, no regard is to be had to the existence of the trust in relation to the joint assessment and liability of the joint owners of the land as referred to in sub-section (2), but regard is to be had to the existence of the trust in relation to the separate assessment and liability of the joint owners as referred to in sub-section (3).".