De Luxe Theatre Company Limited v Commissioner Of Taxes - [1939] NZLR 268

Public Revenue — Land-tax — Taxpayer a Lessee on March 31, 1936 — Amending Statute passed on October 6 following, deemed to have come into force on April 1, 1936, providing Owner of Leasehold Estate to be deemed Owner of Fee-simple for Assessment of Land-tax — Annual Taxing Statute subsequently passed providing for Assessment under the Principal Act — Effect of such Statutes on Liability of such Lessee for Land-tax for Land held by him as Lessee at Noon on March 31, 1936 — Land and Income Tax Act, 1923, s 48 (2)—Land and Income Tax Amendment Act, 1936, ss 1 (2), 3 (1) — Land and Income Tax (Annual) Act, 1936, ss 1, 2.