LAND
TAX.
No.
24 of 1952.
An Act to amend the Land Tax Act 1910–1941.
[Assented
to 12th June, 1952.]
BE it enacted by the Queen’s Most Excellent
Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia,
as follows:—
Short
title and citation.
1.—(1.) This Act may be cited as the Land Tax Act 1952.
(2.) The Land
Tax Act 1910–1941 is in this Act referred to as the Principal Act.
(3.) The Principal Act, as amended by this Act, may
be cited as the Land Tax Act 1910–1952.
Commencement.
2.This
Act shall come into operation on the day on which it receives the Royal Assent.
Additional
tax on land.
3.Section
four a of the Principal Act is
repealed.
Second
Schedule.
4.The
Second Schedule to the Principal Act is amended by omitting the figures “£5,000”
and “£80,000” (wherever occurring) and inserting in their stead the figures “£8,750”
and “£83,750” respectively.
Application
of amendments.
5.