the child maintenance land were the only land owned by the trustee. (6) In determining whether land is used by a person to S. 46A(6) inserted by carry on a substantial business activity, account No. 83/2009 must be taken of the factors referred to in s. 9(2). section 62(2). 46B Land tax for fixed trust if beneficial interests S. 46B inserted by notified to Commissioner No. 85/2005 s. 27. (1) A trustee of a fixed trust to which land is subject may lodge with the Commissioner a written notice of the beneficial interests in the land. (2) A notice must be in the form, and contain the S. 46B(2) substituted by information, determined by the Commissioner. No. 40/2014 s. 16. (3) A notice takes effect for the tax year following the S. 46B(3) amended by year in which the notice is lodged and remains in No. 68/2007 force until it is withdrawn by the trustee. s. 11, substituted by No. 40/2014 s. 16. (3A) Despite subsection (1), if a trustee withdraws a S. 46B(3A) inserted by notice that is in force under this section in respect No. 40/2014 of a fixed trust, the trustee cannot lodge another s. 16. notice under this section in respect of that fixed trust. (4) If a notice is in force under this section for a fixed trust— (a) a beneficiary of the trust is deemed, for the S. 46B(4)(a) amended by purposes of this Act other than Division 1 of No. 76/2012 Part 4, to be the owner (but not to the s. 17. exclusion of the trustee) of land subject to the trust that bears the same proportion to the whole of the land subject to the trust as the beneficiary's beneficial interest in land subject to the trust bears to the total beneficial interests in land subject to the
the child maintenance land were the only land owned by the trustee. S. 46A(6) inserted by No. 83/2009 s. 9(2). (6) In determining whether land is used by a person to carry on a substantial business activity, account must be taken of the factors referred to in section 62(2). S. 46B inserted by No. 85/2005 s. 27. 46B Land tax for fixed trust if beneficial interests notified to Commissioner (1) A trustee of a fixed trust to which land is subject may lodge with the Commissioner a written notice of the beneficial interests in the land. S. 46B(2) substituted by No. 40/2014 s. 16. (2) A notice must be in the form, and contain the information, determined by the Commissioner. S. 46B(3) amended by No. 68/2007 s. 11, substituted by No. 40/2014 s. 16. (3) A notice takes effect for the tax year following the year in which the notice is lodged and remains in force until it is withdrawn by the trustee. S. 46B(3A) inserted by No. 40/2014 s. 16. (3A) Despite subsection (1), if a trustee withdraws a notice that is in force under this section in respect of a fixed trust, the trustee cannot lodge another notice under this section in respect of that fixed trust. (4) If a notice is in force under this section for a fixed trust— S. 46B(4)(a) amended by No. 76/2012 s. 17. (a) a beneficiary of the trust is deemed, for the purposes of this Act other than Division 1 of Part 4, to be the owner (but not to the exclusion of the trustee) of land subject to the trust that bears the same proportion to the whole of the land subject to the trust as the beneficiary's beneficial interest in land subject to the trust bears to the total beneficial interests in land subject to the
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