Land Tax Assessment Act 1956

The Land Tax Assessment Act 1956 is a law that establishes how land in a specific jurisdiction is valued and taxed. It provides the rules for determining the value of land, assessing the amount of land tax owed, and collecting that tax. The Act aims to ensure that landowners pay a fair share based on the value of their property, helping fund public services and infrastructure. It also details procedures for valuation, exemptions, and appeals, ensuring transparency and consistency in land taxation practices.