in relation to a valuation, is the date return date, S. 3(1) def. of on which the valuation is returned to the return date amended by valuation authority by the person who Nos 94/2009 carried it out; s. 33(1)(a), 69/2011 s. 34(2). has the same meaning as in the site value Valuation of Land Act 1960; means land tax imposed under special land tax Division 5 of Part 2; S. 3(1) def. of of a discretionary trust, specified beneficiary, specified means a beneficiary who is specifically beneficiary named in the trust deed or specifically inserted by No. 26/2015 declared in writing pursuant to the trust deed s. 25. as a beneficiary to or in whom, by the terms of the trust, the whole or any part of the trust income or property may be distributed or vested— (a) in the event of the exercise of a power or discretion in favour of the beneficiary (whether or not that power is presently exercisable); or (b) in the event that a discretion conferred under the trust is not exercised; of a person means a person to whom the spouse person is married; * * * * * S. 3(1) def. of subsequent general valuation repealed by No. 84/2006 s. 8.
S. 3(1) def. of return date amended by Nos 94/2009 s. 33(1)(a), 69/2011 s. 34(2). return date, in relation to a valuation, is the date on which the valuation is returned to the valuation authority by the person who carried it out; site value has the same meaning as in the Valuation of Land Act 1960; special land tax means land tax imposed under Division 5 of Part 2; S. 3(1) def. of specified beneficiary inserted by No. 26/2015 s. 25. specified beneficiary, of a discretionary trust, means a beneficiary who is specifically named in the trust deed or specifically declared in writing pursuant to the trust deed as a beneficiary to or in whom, by the terms of the trust, the whole or any part of the trust income or property may be distributed or vested— (a) in the event of the exercise of a power or discretion in favour of the beneficiary (whether or not that power is presently exercisable); or (b) in the event that a discretion conferred under the trust is not exercised; spouse of a person means a person to whom the person is married; S. 3(1) def. of subsequent general valuation repealed by No. 84/2006 s. 8. * * * * *
05-88a062.docx