Renmark Irrigation Trust Capital Recoveries Regulations 2001 (SA)
South Australia
Renmark Irrigation Trust Capital Recoveries Regulations 2001
under the Renmark Irrigation Trust Act 1936
Contents
Short title
Commencement
Revocation
Capital recovery on subdivision of ratable land
Legislative history
1—Short title
These regulations may be cited as the Renmark Irrigation Trust Capital Recoveries Regulations 2001.
2—Commencement
These regulations come into operation on the day on which they are made.
3—Revocation
The Renmark Irrigation Trust Capital Recoveries Regulations 1985 (see Gazette 11.7.1985 p101) are revoked.
4—Capital recovery on subdivision of ratable land
The sum of money payable under section 124A of the Renmark Irrigation Trust Act 1936 is calculated in accordance with the following formula:
Where
S is the sum payable
A is the area of the land that will cease to be ratable land
TA is the total area of the ratable land (including the land that will cease to be ratable) in the Renmark Irrigation District
GV is the gross value of the assets of the trust shown in the last balance sheet certified by the trust's auditors.
Legislative history
Notes
•For further information relating to the Act and subordinate legislation made under the Act see the Index of South Australian Statutes or of regulations
These regulations became obsolete on the repeal of the Renmark Irrigation Trust Act 1936 on 23.4.2009.
Principal regulations
Year No Reference Commencement 2001 234 Gazette 18.10.2001 p4606 18.10.2001: r 2
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