Victorian Numbered Acts

STATE TAXATION ACTS FURTHER AMENDMENT ACT 2019 (NO. 46 OF 2019) - SECT 20

    (1)     In section 88B of the Land Tax Act 2005 —

        (a)     after "owner of the land" insert "or a vested beneficiary of a trust to which the land is subject";

        (b)     in paragraph (b), after "owner's" insert "or vested beneficiary's".

    (2)     At the end of section 88B of the Land Tax Act 2005 insert —

    "(2)     For the purposes of this section, a reference to the owner of land does not include a reference to—

        (a)     a beneficiary of a trust (including an implied or constructive trust) to which the land is subject; or

        (b)     a unitholder in a unit trust scheme to which the land is subject.".