Rates and Land Tax Amendment Act 2000 (ACT)

AUSTRALIAN CAPITAL TERRITORY

Rates and Land Tax Amendment Act 2000

No 26 of 2000

An Act to amend the Rates and Land Tax Act 1926

[Notified in ACT Gazette No. 24: 15 June 2000]

The Legislative Assembly for the Australian Capital Territory enacts as follows:

1. Name of Act

   This Act is the Rates and Land Tax Amendment Act 2000.

2. Commencement

   This Act commences on 1 July 2000.

3. Act amended

   This Act amends the Rates and Land Tax Act 1926.

4. Imposition

   Section 13 is amended—

(a)by omitting from subsection (2) “$260” and substituting “$280”; and

(b)by omitting from the formula in subsection (3) “$260” and substituting “$280”; and

(c)by omitting from paragraph (a) of the definition of P in subsection (3) “1.1046%” and substituting “0.9136%”; and

(d)by omitting from paragraph (b) of the definition of P in subsection (3) “1.2776%” and substituting “1.3397%”; and

(e)by omitting from the definition of P in subsection (4) “0.5523%” and substituting “0.4568%”.

1. Imposition and assessment of rates—certain parcels of land in City Area

   Section 22GM is amended by omitting from the formula in the modification of subsection 13 (3) made by subsection (2) “$260”, “1.2776%” and “1.1046%” and substituting “$280”, “1.3397%” and “0.9136%” respectively.

Endnote

Act amended

1. Republished as in force on 31 January 1998.  See also Acts 1998 Nos 13 and 54; 1999 Nos 3, 5 and 43.

[Presentation speech made in Assembly on 11 May 2000]

©  Australian Capital Territory 2000