Victorian Numbered Acts Victorian Numbered Acts(1) Land or part of land that is owned and solely occupied by a club is not liable for land tax at a rate greater than 0·357% of the taxable value of the land or part.
(2) For the purposes of sub-section (1) and assessing land tax on any part of the land that is not solely occupied by a club, the land tax that is or that would be, but for the operation of sub-section (1), attributable to a part of land is the proportion of the land tax that would, but for the operation of sub-section (1), be payable on the whole of the land owned by a club.
(3) In this section, "club" means a society, club or association that—
(a) is not carried on for the purposes of the profit or gain to its individual members; and
(b) is carried on exclusively for one or more of the following purposes—
(i) providing for the social, cultural, recreational, literary or educational interests of its members;
(ii) promoting or controlling horse racing, pony racing or harness racing in Victoria.