Absentee Landowners Levy Act 1976. Country/Territory Norfolk Island (Australia) Document type Legislation Date 1976 (2008) Source FAO, FAOLEX Long titleAn Act to impose a levy on absentee landowners, and for other purposes. Subject Land & soil Keyword Land tenure Credit Abandoned land/unoccupied land Foreign land tenure Land valuation Legal proceedings/administrative proceedings Geographical area Asia and the Pacific, Australia and New Zealand, Oceania, South Pacific Abstract This Act provides for the imposition of an annual levy on land owned by an absentee (as defined by this Act. The levy shall be charged on the unimproved value of the land, i.e. the capital sum that might be expected to be offered for the fee simple with vacant possession of the land at a bona fide sale on such reasonable terms and conditions as a bona fide seller would require, it being assumed that no improvements had been made on or to the parcel of land. The Act allows for objections to be lodged against assessment of value. Full text English Website www.info.gov.nf References - Legislation Amended by Absentee Landowners Levy (Amendment No. 2) Act 2014 (No. 6 of 2014) Legislation | Norfolk Island (Australia) | 2014 Keyword: Land tenure, Credit, Abandoned land/unoccupied land, Foreign land tenure, Land valuation, Legal proceedings/administrative proceedings Source: FAO, FAOLEX