Hi Amit,
I would rate the property from date of acquisition & make them lodge an application for non rateability including all necessary supporting documentation.
I disagree with Robert, I think they will apply under 556(h) & depending upon the use & their constitution etc I think they might be successful.
However, it is a process that you need to go through in order to determine their eligibility.
The fact it is being funded by DET is irrelevant. There maybe some parallels between this property & all those applications relating to
The fact it is being funded by DET is irrelevant. There maybe some parallels between this property & all those applications relating to PBI’s & Community Housing.
Will be interested to hear the outcome.
JT