Land Tax Acts Amendment Act of 1962 (11 Eliz Ii No. 10) (Qld)

789 (@ueeuslanb ANNO UNDECIMO ELIZABETHAE SECUNDAE REGINAE ••••••••••••••••••••••••••••••••••••••••••••••••••• No. 10 An Act to Amend "The Land Tax Acts, 1915 to 1959," in certain particulars [AsSENTED TO 27TH MARCH, 1962] B E it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Assembly of Queensland in Parliament assembled, and by the authority of the same, as follows:- 1. (1) This Act may be cited as "The Land Tax Short title Acts Amendment Act of 1962." this A( 2c) t " re T f h er e red La to nd as T t a h x e P A r c in ts c , ip1a9l 1A5ct t . o 1959," are in A Pr c i t ncipal

790 Land Tax Acts Amendment Act 11 ELIZ. II. No. 10, Collective title (3) The Principal Act and this Act may be collectively cited as" The Land Tax Acts, 1915 to 1962." Commence- ment of Act (4) This Act shall come into operation on the twenty-ninth day of June, one thousand nine hundred and sixty-two. Amendment ofs. 16 (1) 2. Section sixteen of the Principal Act is amended by omitting subsection (1) and inserting in its stead the following subsection :- Taxpayer to furnish " (J.) For the purposes of the assessment and levy returns of land tax, every owner of land of the unimproved value of one thousand five hundred pounds or upwards and every absentee and every company shall in each :financial year, in the prescribed manner and within the prescribed time, furnish a return setting forth a full and complete statement of all lands owned by him at midnight on the thirtieth day of June then last past and of the unimproved value of every parcel thereof with such other particulars as are required by the Commissioner. Notwithstanding the foregoing provisions of this subsection, a person owning and using exclusively for his own residential use, land not exceeding forty perches in area and owning no other land (including any interest in land) whatever in Queensland, shall not be required to furnish a return unless called upon by the Commissioner to do so : Provided that except as otherwise required by the Commissioner or prescribed, a taxpayer who in any :financial year has furnished the full return as above- mentioned may in each succeeding year furnish, in lieu of such full return as abovementioned, a supplementary return setting out a full and complete statement of all

1962 Land Tax Acts Amendment Act land of which he has become or ceased to be the owner, since the thirtieth day of June preceding the date of the last full return or supplementary return as the case may be and of the unimproved value of every parcel thereof, with such other particulars as are required by the Commissioner." 791