s. 67 67 Exemption of primary production land in an urban zone in greater Melbourne (1) Land is exempt land if the Commissioner determines that— (a) the land comprises one parcel that is— (i) wholly or partly in greater ; and (ii) wholly or partly in an urban zone; and (iii) used solely or primarily for the business of primary production; and (b) the owner of the land is a person specified in subsection (2). (2) The owner of the land must be— (a) a natural person who is normally engaged in a substantially full-time capacity in the business of primary production of the type carried on on the land; or (b) a proprietary company (not acting in the S. 67(2)(b) amended by capacity of trustee of a trust)— No. 69/2011 s. 32(1)(a). (i) in which all the shares are beneficially owned by natural persons; and (ii) the principal business of which is primary production of the type carried on on the land; or (c) a trustee of a trust (other than a discretionary S. 67(2)(c) amended by trust) of which— No. 69/2011 s. 32(1)(b)(i). (i) the principal business is primary S. 67(2)(c)(i) amended by production of the type carried on on the No. 69/2011 land; and s. 32(1)(b)(ii). (ii) each beneficiary is a natural person who is entitled under the trust deed to
67 Exemption of primary production land in an urban zone in greater Melbourne (1) Land is exempt land if the Commissioner determines that— (a) the land comprises one parcel that is— (i) wholly or partly in greater ; and (ii) wholly or partly in an urban zone; and (iii) used solely or primarily for the business of primary production; and (b) the owner of the land is a person specified in subsection (2). (2) The owner of the land must be— (a) a natural person who is normally engaged in a substantially full-time capacity in the business of primary production of the type carried on on the land; or S. 67(2)(b) amended by No. 69/2011 s. 32(1)(a). s. 67 (b) a proprietary company (not acting in the capacity of trustee of a trust)— (i) in which all the shares are beneficially owned by natural persons; and (ii) the principal business of which is primary production of the type carried on on the land; or S. 67(2)(c) amended by No. 69/2011 s. 32(1)(b)(i). (c) a trustee of a trust (other than a discretionary trust) of which— S. 67(2)(c)(i) amended by No. 69/2011 s. 32(1)(b)(ii). (i) the principal business is primary production of the type carried on on the land; and (ii) each beneficiary is a natural person who is entitled under the trust deed to