Rates and Land Tax Amendment Act 2001 (ACT)

Rates and Land Tax Amendment Act 2001

No 39 of 2001

Contents

Page

1. Name of Act  2

2. Commencement  2

3. Act amended  2

4. Imposition
   Section 13 (2)  2

5. Section 13 (3), formula  2

6. Section 13 (3), definition of P, paragraph (a)  2

7. Section 13 (3), definition of P, paragraph (b)  3

8. Section 13 (4), definition of P  3

9. Imposition and assessment of rates—certain parcels of land in city area
   Section 22GM (2), formula in the modification of section 13 (3)        3

Rates and Land Tax Amendment Act 2001

No 39 of 2001

An Act to amend the Rates and Land Tax Act 1926

[Notified in ACT Gazette S36: 29 June 2001]

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 2001.

2. Commencement

   This Act commences on 1 July 2001.

3. Act amended

   This Act amends the Rates and Land Tax Act 1926.

4. Imposition
   Section 13 (2)

   omit

   $280

   substitute

   $300

5. Section 13 (3), formula

   omit

   $280

   substitute

   $300

6. Section 13 (3), definition of P, paragraph (a)

   omit

   0.9136%

   substitute

   0.7820%

7. Section 13 (3), definition of P, paragraph (b)

   omit

   1.3397%

   substitute

   1.3356%

8. Section 13 (4), definition of P

   omit

   0.4568%

   substitute

   0.3910%

9. Imposition and assessment of rates—certain parcels of land in city area
   Section 22GM (2), formula in the modification of section 13 (3)

   omit

   $280 + [(UV - $19,000) ´ ({NRP ´ 1.3397%} + {RP ´ 0.9136%})]

   substitute

   $300 + [(UV - $19,000) ´ ({NRP ´ 1.3356%} + {RP ´ 0.7820%})]

Endnote

Act amended

Republished as in force on 1 August 2000 (Republication No 6).  See also Act 2000 No 78.

[Presentation speech made in Assembly on 3 May 2001]


 ©  Australian Capital Territory 2001