Western Australian Consolidated Acts

LAND TAX ASSESSMENT ACT 2002 - SECT 39

39 .         Land used for retirement villages, exemption for

                Land used for a retirement village within the meaning of the Retirement Villages Act 1992 is exempt for an assessment year (to any extent that it is not exempt under another provision of this Part) if, at midnight on 30 June in the previous financial year —

            (a)         the residential premises in the village are occupied, or available for occupation, under a residence contract within the meaning of the Retirement Villages Act 1992 ; and

            (b)         all approvals necessary for the village under the Building Act 2011 are in force at that time.

        [Section 39 amended by No. 24 of 2011 s. 164(2).]

        [Heading inserted by No. 10 of 2005 s. 7.]