Metropolitan Region Improvement Tax Amendment Act 2005 (WA)

Western Australia

Metropolitan Region Improvement Tax

Amendment Act 2005

Western Australia

Metropolitan Region Improvement Tax

Amendment Act 2005

CONTENTS

1.	Short title	1
2.	Commencement	2
3.	The Act amended	2
4.	Section 8 amended	2

9.               Rate of tax imposed after

30 June following commencement of

Planning and Development Act 2005 2

Western Australia

Metropolitan Region Improvement Tax

Amendment Act 2005

No. 39 of 2005

An Act to amend the Metropolitan Region Improvement Tax Act 1959.

[Assented to 12 December 2005]

The Parliament of Western Australia enacts as follows:

1.             Short title

This is the Metropolitan Region Improvement Tax Amendment

Act 2005.

Metropolitan Region Improvement Tax Amendment Act 2005

s. 2

2.             Commencement

This Act comes into operation on the day on which the Planning

and Development Act 2005 comes into operation.

3.             The Act amended

The amendments in this Act are to the Metropolitan Region

Improvement Tax Act 1959*.

[* Reprint 3 as at 9 May 2003.]

4.             Section 8 amended

(1)

Section 8 is amended by inserting after “subsequent year of

assessment” —

“

up to and including the year of assessment ending on

30 June immediately following the day on which the

Planning and Development Act 2005 comes into

operation

”.

(2) After section 8 the following section is inserted —

“

9.             Rate of tax imposed after 30 June following commencement of Planning and Development Act 2005

For the year of assessment commencing on

1 July immediately following the day on which the

Planning and Development Act 2005 comes into

operation, and for each subsequent year of assessment,

the rate of Metropolitan Region Improvement Tax

imposed by this Act and payable under the Planning

and Development Act 2005, is 0.15 cent for every

dollar of the unimproved value of the land according to

the valuation in force under the Valuation of Land

Metropolitan Region Improvement Tax Amendment Act 2005

s. 4

Act 1978 at midnight on 30 June in the previous

financial year.

”.