Land Tax Acts Amendment Act of 1963 (Qld)

29 (^1ternglanNt ANNO DUODECIMO ELIZABETHAE SECUNDAE REGINAE No. 11 of 1963 An Act to Amend " The Land Tax Acts, 1915 to 1962," in certain particulars [ASSENTED TO 20TH NOVEMBER, 19631 BE 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) Short title . This Act may be cited as "The Land Tax Acts Amendment Act of 1963." . (2) Principal Act. " The Land Tax Acts, 1915 to 1962," are in this Act referred to as the Principal Act. (3) Collective title . The Principal Act and this Act may be collectively cited as " The Land Tax Acts, 1915 to 1963." (4) Commencement of Act. This Act shall be deemed to have come into operation on the twenty-ninth day of June, one thousand nine hundred and sixty-three.

30 Land Tax Acts Amendment Act of 1963, No. 11 2. Amendments of s. 9 . Section nine of the Principal Act is amended by- (a) in subsection (2)- (i) omitting the words " seventy-five thousand pounds " and inserting in their stead the words " one hundred thousand pounds "; and (ii) omitting the words " ten pence " and inserting in their stead the words " seven pence and one-half of a penny "; and (b) in subsection (3) - (i) omitting the words " seventy-five thousand pounds " and inserting in their stead the words " one hundred thousand pounds"; and {ii) omitting the Table and inserting in its stead the following Table:- " TABLE. First Column Amount of Taxable Value. Second Column. Amounts and Rates. If the amount of the taxable value- Is less than £500 Is £500 or more , but is less than £1,000 Is £1,000 or more , but is less than £2,000 Is £2,000 or more, but is less than £2,500 Is £2,500 or more , but is less than £3,000 Is £3,000 or more , but is less than £4,000 Is £4,000 or more , but is less than £5,000 Is £5,000 or more , but is less than £20,000 Is £20,000 or more, but is less than £35,000 Is £35 , 000 or more , but is less than £50,000 Is £50 , 000 or more , but is less than £65,000 Is £65,000 or more , but is less than £80,000 Is £80 , 000 or more, but is less than £100,000 ld. in each and every £ £2 Is. 8d. plus lid. in each and every £ in excess of £500 £5 14s. 7d. plus 21d. in each and every £ in excess of £1,000 £17 3s. 9d. plus 41d. in each and every £ in excess of £2,000 £26 Os. 10d. plus 4id. in each and every £ in excess of £2,500 £35 18s. 9d. plus 5+d. in each and every £ in excess of £3,000 £5716s. 3d. plus 51d. in each and every £ in excess of £4,000 £81 15s , 5d. plus W. in each and every £ in excess of £5,000 £472 7s. lld. plus W. in each and every £ in excess of £20,000 £894 5s. 5d. plus 7$d. in each and every £ in excess of £35,000 £1,347 7s. lld. plus 71d. in each and every £ in excess of £50,000 £1,831 15s. 5d. plus 81d. in each and every £ in excess of £65,000 £2,347 7s. lld. plus 8id . in each and every £ in excess of E80,000" 3. Amendments of s. 11 . Section eleven of the Principal Act is amended by- (a) omitting the words " three thousand seven hundred and fifty pounds " ' , wherever appearing, and inserting in their stead, wheresoever omitted, the words " five thousand two hundred and fifty pounds "; and

Land Tax Acts Amendment Act of 1963 , No, 11 31 (b) omitting the words " one thousand two hundred and fifty pounds ", wherever appearing, and inserting in their stead, wheresoever omitted, the words " one thousand seven hundred and fifty pounds ". 4. Amendment of s. 14 (1). Subsection (1) of section fourteen of the Principal Act is amended by omitting the words " five pence " and inserting in their stead the words " four pence ". 5. Amendment of s. 16 (1). Subsection (1) of section sixteen of the Principal Act is amended by omitting the words " one thousand five hundred pounds " and inserting in their stead the words " two thousand pounds."