Land Tax Act Amendment Act of 1930 (21 Geo v No. 7) (Qld)

13042 LAND TAX. Land Tax Act Amendment Act. 21 GEO. V. No. 7, LAND TAX. 21 Qeo. V. An Act to Amend "The Land Tax Act of 1915" by N T o H . E 7. Extending the Operation of the Super Land LAND TAX ACT AMEND- Tax until the close of the Financial Year MENT ACT OF 1930. ending the 30th day ·of June, 1931, and to Further Amend the said Act in certain particulars. [ASSENTED TO 25TH SEPTEMBER, 1930.J B ]£ it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legis- lative Assembly of Queensland in Parliament assenlbled, and by the authority of the same, as follows:- Short title 1. This Act may be cited as "The Land Tax Act and . Amendment Act of 1930," and shall be read as one with ~ ~ ~ ~~~ ctlOr. *" The Lan'd Tax Act of 1915" and its several amend- ments, herein collectively referred to as the Principal Act. 2. The Principal Act is amended as follows : - Amendment (i.) In section three, after the definition" Improved of s. 3. value," the following definition is inserted, namely :- Improve. Inents. " "Improvements," in relation to land, means improvements thereon or appertaining thereto whether visible or invisible and made or acquired by the owner or his predecessor in title, and includes all such destructian of suckers and seedlings as is incidental to the destruction of timber or mallee, and also includes the destruction of other vegetable growths and of animal pests on the land to the extent to which such destruction retains its utility, but does not include the destruction by any person of any such growths or pests which are allowed to establish themselves on the land during his ownership, except to the extent (if at all) to which it restores wholly or partly so much of the utility of a previous improvement in the nature of the destruction of such growths or pests as is, by the sub- sequent provisions of this definition, deemed .. 6 Qeo. v. No. 34 and amending Acts, supra, pages 6951 e,t seq.

LAND TAX. - -- . -~ - -- - ~- . - - - - - -- --- -- - ~. 1930. Land Tax Act Amendment Act. 13043 to have been lost, and any improvement consisting of the destruction of such growths or pests, by whomsoever the same may be effected, shall be deemed to have lost its utility to the extent to which, after it has been made, other growths or pests, as the case may be, are allowed to establish them- selves on the land." (ii.) In the said section, the definition of "Un- improved value" is repealed, and the following definitions are inserted in lieu thereof :- " "U nl ' lnprove d va I ue, ", In re I a t' IOn t 0 U ' nImprOVe d Unimproved land, means the capital sum which the fee- value. simple of the land might be expected to realise if offered for sale on such reasonable terms and conditions as a bona fide seller would require ; "Unimproved value," in relation to improved land, means the capital sum which the fee- simple of the land might be expected to realise if offered for sale on such reasonable terms and conditions as a bona fide seller would require, assuming that, at the time as at which the value is required to be ascertained for the purposes of this Act, the improvements did not exist: Provided that the unimproved value shall in no case be less than the sum that would be obtained by deducting the value of improvements from the improved value at the time as at which the value is required to be ascertained for the purposes of this Act." (iii,) In the said section the definition of "Value of improvements" is repealed and the following definition is inserted in lieu thereof, namely :- " "Value of improvements," in relation to land, Value of means the added value which the improve- improve· ments give to the land at the time as at which menta. the value is required to be ascertained for the purposes of this Act, irrespective of the cost of the improvements; including in such added value the value of any hotel license or other similar interest the value of which has been included in the improved value:

13044 LAND TAX. ------------------- Land Tax Act Amendment Act. 21 GEO. V. No. 7, Provided that the added value shall in no case exceed the amount that should reasonably be involved in effecting, at the time as at which the value is required to be ascertained for the purposes of this Act, improvements of a nature and efficiency equivalent to the existing improvements." Application 3. Without prejudice to the right of any person to omfeanmtsetnod· prosecute an appeal which has been actually instituted B. 3 of the in accordance with the provisions of the Principal Act PArcitncainpdal before the twenty-eighth day of July, one thousand nine retrospec. hundred and thirty, or any decision or judgment to be tivity. made or given by any court in respect of such appeal so instituted, and as if the amendments made by section two of this Act to section three of the Principal Act had not been enacted (but notwithstanding any other appeal whether instituted on or after such date, or any decision or judgment to be made or given by any court in respect of any such other appeal), the said amendments made by section two of this Act to section three of the Principal Act shall be deemed to have been enacted therein and to have commenced at the date of the passing of *" The Land Tax Act of 1915," and the Principal Act as so amended by section two of this Act shall be read and construed accordingly, and shall apply to all assessments for the financial year beginning on the first day of July, one thousand nine hundred and fifteen, and all subsequent financial years: Provided that the amendments effected by section two of this Act shall not apply so as to affect any judgment of any court obtained prior to the twenty- eighth day of July, one thousand nine hundred and thirty, by any person in his favour in respect of an assessment under the Principal Act: And provided further that the amendments effected by section two of this Act shall not app1y so as to affect any judgment of any court obtained on or subsequent to the twenty-eighth day of July, one thousand nine hundred and thirty, in respect of an appeal, which a.ppeal had actually been instituted prior to the twenty- eighth day of July, one thousand nine hundred and thirty, in accordance with the provisions of the Principal * 6 Geo. v., No 34. Bupra, page 6951.

LAND TAX. 13045 1930. Land Tax Act Amendment Act. Act, by any person in his favour in respect of an assessment under the Principal Act. 4. (1.) In section 9A of the Principal Act the Amendment words "one thousand nine hundred and thirty" are of s. 9A. repealed and the words "one thousand nine hundred and thirty-one" are inserted in lieu thereof. (2.) The amendment of the Principal Act hereby made to section 9A of the Principal Act shall be deemed to have been made therein on the twenty-eighth day of June, one thousand nine hundred and thirty. LAW SOCIETY, QUEENSLAND. See SUPREME COURT. LEGAL PRACTITIONERS' FIDELITY GUARANTEE FUND. See SUPREME COURT. MACHINERY INSPECTION. See LABOUR. MAGISTERIAL INQUIRIES. See JUSTICES. MARSUPIALS. See DINGOES AND MARSUPIALS. MARSUPIAL-PROOF FENCING. See LAND, CROWN. MINERS' HOMESTEADS. See MINING. MINES REGULATION. See MINING.