Metropolitan Region Improvement Tax Amendment Act 1986 (WA)

WESTERN AUSTRALIA

METROPOLITAN REGION

IMPROVEMENT TAX AMENDMENT

ACT

No. 70 of 1986

AN ACT to amend the Metropolitan Region Improvement Tax Act

1959.

[Assented to 4 December 1986]

BE it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and the Legislative Assembly of Western Australia, in this present Parliament assembled, and by the authority of the same, as follows:—

Short title

1. This Act may be cited as the Metropolitan Region Improvement

Tax Amendment Act 1986.

No. 70] Metropolitan Region Improvement Tax Amendment [1986

Act

Commencement

2.     This Act shall come into operation on the day on which it receives

the Royal Assent.

Principal Act

3. In this Act the Metropolitan Region Improvement Tax Act 1959*

is referred to as the principal Act.

[*Reprinted as approved 29 April 1980.]

Section 5 amended

4.     Section 5 of the principal Act is amended by inserting after "each

year of assessment thereafter" the following-

" up to the year of assessment ending on 30 June 1987 ".

Section 6 inserted

5.    The principal Act is amended by inserting after section 5 the

following section

Rate of tax imposed after 30 June 1987

"

6. For the year of assessment commencing on 1 July 1987 and for each year of assessment thereafter, the rate of tax referred to in section 2 and imposed and payable as provided in that section shall be 0.225 cent for every dollar of the unimproved value, as assessed by or under the Metropolitan Region Town Planning Scheme Act 1959 and the Land Tax Assessment Act 1976, of all land chargeable with the tax. ".