Closer Settlement (Land Aggregation Tax) Amendment Act 1981 (NSW)

CLOSER SETTLEMENT (LAND AGGREGATION

TAX) AMENDMENT ACT, 1981, No. 40

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ANNO TRICESIMO

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ELIZABETHS II REGINS

Act No. 40, 1981.

An Act to amend section 31 of the Closer Settlement Act, 1904,
consequentially upon the enactment of the Land Aggregation

15th May, 1981.1

Tax Management (Amendment) Act, 1981. [Assented to,

2   Act No. 40, 1981.

Closer Settlement {Land Aggregation Tax) Amendment.

BE it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and Legislative Assembly of New South Wales in Parliament assembled, and by the authority of the same, as follows :—

Short title.

1. This Act may be cited as the "Closer Settlement (Land

Aggregation Tax) Amendment Act, 1981".

Commencement.

2. (1) Except as provided in subsection (2), this Act shall

commence on the date of assent to this Act.

(2) Section 3 shall commence on the day appointed and notified under section 2 (2) of the Land Aggregation Tax Man- agement (Amendment) Act, 1981.

Amendment of Act No. 37, 1904.

3. The Closer Settlement Act, 1904, is amended in the manner

set forth in Schedule 1.

SCHEDULE 1.

(Sec. 3.)

AMENDMENTS TO THE CLOSER SETTLEMENT ACT, 1904.

(1) Section 31 (9 )—

After "land" where firstly occurring, insert "the area of which exceeds 4 050 square metres".

Act No. 40, 1981. 3

Closer Settlement (Land Aggregation Tax) Amendment.

SCHEDULE 1—continued.

AMENDMENTS TO THE CLOSER SETTLEMENT ACT, 1904—

continued.

(2) Section 31 (11)—

After section 31 (10), insert:—

(11) Where, pursuant to this section, the prescribed particulars have been recorded by the Registrar-General, or the Minister has caused the prescribed particulars to be endorsed, in respect of a settlement purchase or parcel of land the area of which does not exceed 4 050 square metres, the Registrar-General or the Minister, as the case may be, may, at his discretion, cause those particulars to be cancelled or otherwise removed.