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Land Transfer Act 2017

Dealings in estates and interests in land - Transfers, transmissions, and vesting - Tax statement required for registration of instrument to transfer some estates in land

80: Omissions and errors

You could also call this:

"Fixing mistakes or missing information in your tax details"

Illustration for Land Transfer Act 2017

If you make a mistake or leave something out in your tax information, you must fix it. You do this by completing a new tax statement as set out in section 79 and giving it to the right person as set out in section 78(2)(a). If you gave the wrong tax information to the chief executive, you must give them the correct information. If you make a mistake or leave something out in your tax information, it does not affect the registration of the transfer of land. It also does not mean the chief executive, the Registrar-General, or the Crown has to pay you compensation. You can find more information by looking at s 156D.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6635224.

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Topics:
Money and consumer rights > Taxes
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79: Content of tax statement, or

"What needs to be in your tax statement when transferring land"

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Part 3Dealings in estates and interests in land
Transfers, transmissions, and vesting: Tax statement required for registration of instrument to transfer some estates in land

80Omissions and errors

  1. An omission or error in any tax information provided in accordance with section 78(2) or (3) must be corrected as follows:

  2. if the tax information in a tax statement was incorrect, the transferor or transferee must complete a corrected tax statement in accordance with section 79 and, if applicable, give it to the relevant certifier in accordance with section 78(2)(a):
    1. if the incorrect tax information was given to the chief executive by lodging the information in an electronic workspace facility in accordance with section 78(2)(b), the certifier must lodge the corrected tax information in an electronic workspace facility:
      1. if the incorrect tax information was given to the chief executive by attaching a tax statement to an instrument in accordance with section 78(3), the corrected tax statement must be given to the chief executive.

        1. An omission or error in any tax information provided in accordance with section 78(2) or (3), or any other failure to comply with sections 78 and 79, does not—

        2. affect the validity of any registration of an instrument to transfer a specified estate in land; or
          1. give rise to any liability of, or claim for compensation from, the chief executive, the Registrar-General, or the Crown.

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