except where that land is leased, subleased, licensed or sublicensed to any person other than the Commonwealth or a public body; Note to s. 10(1)(a) inserted by No. 34/2014 s. 16. Note Except as provided in section 10, state owned land that is leased, subleased, licensed or sublicensed to any person is land in respect of which levy is payable because the person who leases, subleases, licences or sublicenses that land is, or is taken to be, the owner of the land—see section 19 and the definition of owner in section 4 which specify when a licensee or sublicensee of Crown land is an owner or taken to be an owner of land that is Crown land for the purposes of this Act. (b) Commonwealth land; S. 10(1)(ba) inserted by No. 41/2013 s. 31(1)(b). (ba) land owned by the Director of Housing that is leased to an individual or registered agency for the purpose of public housing; S. 10(1)(bb) inserted by No. 41/2013 s. 31(1)(b). (bb) land leased to the Director of Housing by the Crown, a public body or the Commonwealth that is subleased to an individual or registered agency for the purpose of public housing; (c) any parcel of land that has been allocated an exempt land use classification; (d) any other land exempted by the regulations. (2) In this section— controlled has the same meaning as it has in the Australian Accounting Standards as issued by the Australian Accounting Standards Board; S. 10(2) def. of Director of Housing inserted by No. 41/2013 s. 31(2)(a). Director of Housing means the body corporate established under section 9 of the Housing Act 1983;
of a valuation made or adopted under the Valuation of Land Act 1960. S. 34(2) amended by No. 34/2014 s. 22(1). (2) If an objection, review or appeal results in the alteration of a valuation or a decision to attribute a different AVPCC to leviable land, an adjustment must be made by the collection agency, and a revised assessment notice must be given to the owner of the leviable land or any person the owner has specified under section 25(1)(b), and— (a) any levy amount or levy interest paid by the person that, as a consequence of a decision following an action taken by a person under subsection (1), amounts to an overpayment— (i) if the person owes a levy amount or levy interest other than the amount adjusted, the overpayment must be used to pay the outstanding levy amount or levy interest owed by the person; (ii) if subparagraph (i) does not apply, the overpayment may be refunded to the person by the collection agency; (b) any additional levy amount that becomes payable as a consequence of any action taken by a person under subsection (1), may be recovered as unpaid levy by the collection agency in accordance with this Part. (3) Interest, at the rate specified in section 30(2)(a), accrues daily on any amount to be refunded to a person under subsection (2)(a) from the day of the decision referred to in that subsection until the day the person is paid the amount to be refunded. S. 34(4) inserted by No. 34/2014 s. 22(2). (4) If an adjustment made under this section is in respect of leviable land that is land, the revised assessment of the levy amount must be included in the revised rates notice to be sent to