Western Australian Current Acts

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STRATA TITLES ACT 1985 - SECT 73

73 .         Land tax and metropolitan region improvement tax: strata schemes

                For all purposes in relation to the imposition, assessment or recovery of land tax or metropolitan region improvement tax in respect of a parcel subdivided by a strata scheme, the following provisions have effect —

            (a)         the unimproved value of the parcel shown in the valuation must be apportioned by the Commissioner of State Revenue between the lots comprised in the parcel in proportion to the unit entitlements of the respective lots;

            (b)         the strata company is not liable in respect of the parcel for land tax or metropolitan region improvement tax;

            (c)         for the purposes of the Land Tax Assessment Act 2002 and the Planning and Development Act 2005 , and subject to any concessions or exemptions that may be applicable, each lot is taken to be a separate parcel of land with an unimproved value equal to that apportioned to it under paragraph (a).

        [(2)         deleted]

        [Section 73, formerly section 65, amended: No. 58 of 1995 s. 61; No. 45 of 2002 s. 23(2) and (3); No. 38 of 2005 s. 15; amended, renumbered as section 72 and relocated: No. 30 of 2018 s. 67 and 84.]



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