Land Tax (Further Adjustment) Act of 1961 (10 Eliz ll No. 49) (Qld)

201 ANNO DECIMO ELIZABETHAE SEClJNDAE REGINAE -••••••••o••••o••••••••••••••••o~••••••o••••••••• No. 49 An Act Relating to Land Tax in and for the Financial Year begun on the First Day of July, One thousand nine hundred and sixty-one [ASSENTED TO 14TH DECEMBER, 1961] 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:-• l. (1) This Act may be cited as "The Land Tax Short title (Further Adjustment) Act of 1961." (2) This Act shall be read as one with " The Land Tax Acts, 1915 to 1959" (herein referred to as the Principal Act) and " The Land Tax (Adjustment) Act of 1960." 2. (1) In respect of the assessment, levy and Application recovery of land tax for the financial year begun on the 1~;,'J;;x first day of July, one thousand nine hundred and (Adjustment) si·xty-one t he prov1·s1·ons o f sect1 · 0ns t hree, 1 c- our and e A x c t t en o d f e 1 d 960" five of " The Land Tax (Adjustment) Act of 1960 " shall,

202 Land Tax (Further Adjustment) Act 10 ELIZ. II. No. 49, with and subject to all necessary modifications, including the modifications prescribed by this Act, apply to all land owned by any one and the same owner, which, or any parcel of which, is valued by- (a) a complete valuation of an Area proclaimed in force on and from the thirtieth day of June, one thousand nine hundred and sixty ; or (b) a complete valuation of an Area proclaimed in force on and from the thirtieth day of June, one thousand nine hundred and sixty-one. AAofpcptthliiscation in re(s2p)ecStavoef tahse apsrseesscsrmibeendt,, ltehvisy aAncdt rdeocoesvernyotofalpapnldy tax. Modifica- 3, Subject to section five of this Act, in respect v:e J! 0 °land of the assessment, levy and recovery of land tax for Tax. the financial year begun on the first day of July, one ~co/~Y~~t thousand nine hundred and sixty-one, for the purpose in respect of of applying " The Land Tax (Adjustment) Act of 1960," ig~ June, as prescribed by this Act, to all land owned by any compl 7 te one and the same owner which, or any parcel of which, valuations is valued by a complete valuation of an Area proclaimed in force on and from the thirtieth day of June, one thousand nine hundred and sixty, " The Land Tax (Adjustment) Act of 1960" shall be read as if- (a) in section three, the following proviso were added to the definition " Fresh unimproved value ", namely :- " Provided that, in any case of an interim valuation made subsequent to the thirtieth day of June, one thousand nine hundred and sixty, and in force on the thirtieth day of June, one thousand nine hundred and sixty- one, such interim valuation shall be deemed to be the " fresh unimproved value " of the land or parcel of land in question." ; and (b) in section five, the words "one thousand nine hundred and sixty-one " were substituted for the words " one thousand nine hundred and sixty " where the latter words appear in paragraph (a) of subsection one and in subsection two.

1961 Land Tax (Further Adjustment) Act 203 4. Subject to section five of this Act, in respect ~odifi~a- of the assessment, levy and recovery of land tax for ,!°Phe ~nd ~ro .. tthheoufsiannadncinailneyehaurnbderegdunanodn stihxetyf- iornste,dfaoyr othf eJuplyu,rpoonsee [ A J. c d i . ~i 1 t) of applying "The Land Tax (Adjustment) Act of 1960," ~i[:srt or as prescribed by this Act, to all land owned by any 1961, une, 1o.snveaa1unedd tbhye asacmoemop1wetneervaw1uhaict1h.0,noor faanny Aparercaepl roofc1wa1h.micehd, c v o a 1 m u p a tl i ~ o te ns in force on and from the thirtieth day of June, one thousand nine hundred and sixty-one, sections three, four and five of " The Land Tax (Adjustment) Act of 1960 " shall be read as if- (a) the words "one thousand nine hundred and sixty " were substituted for the words " one thousand nine hundred and fifty-nine " wherever the latter words appear ; and (b) the words "one thousand nine hundred and sixty-one " were substituted for the words " one thousand nine hundred and sixty " wherever the latter words appear. 5. In respect of the assessment, levy and recovery Parcels of land tax for the financial year begun on the first ;:~~tively day of July, one thousand nine hundred and sixty-one, by 30th June, for the purpose of applying " The Land Tax (Adjustment) ig:\~~~ Act of 1960," as prescribed by this Act, to all land owned 1961,. • by any one and the same owner, parcels of which (whether vatuatwns aggregating the whole or part only of all the land) are valued respectively by a complete valuation of an Area proclaimed in force on and from the thirtieth day of June, one thousand nine hundred and sixty, and a complete valuation of an Area proclaimed in force on and from the thirtieth day of June, one thousand nine hundred and sixty-one- (a) the unimproved value of any such parcel valued by a complete valuation of an Area proclaimed in force on and from the thirtieth day of June, one thousand nine hundred and sixty, shall be or be deemed to be the amount ascertained as prescribed by subsection two of section four of " The Land Tax (Adjustment) Act of 1960," as modified by section three of this Act ;

204 Land Tax (Further Adjustment) Act 10 Euz. II. No. 49, 1961 (b) the unimproved value of any such parcel valued by a complete valuation of an Area. proclaimed in force on and from the thirtieth day of June, one thousand nine hundred and sixty-one, shall be or be deemed to be the amount ascertained as prescribed by subsection two of section four of " The Land Tax (Adjustment) Act of 1960," as modified by section four of this Act ; and (c) where parcels specified in paragraphs (a) and (b) of this section aggregate part only of all the land, the unimproved value of every parcel comprised in the remaining part shall be the unimproved value specified in the Principal Act.