LAND TAX ABOLITION.
No. 81 of 1952.
An Act to abolish Land Tax.
[Assented to 6th November, 1952.]
BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—
Short title.
1. This Act may be cited as the Land Tax Abolition Act 1952.
Commencement.
2. This Act shall be deemed to have come into operation on the first day of July, One thousand nine hundred and fifty-two.
Abolition of land tax.
3. Land tax shall not be levied and paid for the financial year which commenced on the first day of July, One thousand nine hundred and fifty-two, or for any subsequent financial year.
Returns not required to be furnished.
4. Section fifteen of the Land Tax Assessment Act 1910-1952 does not apply in respect of the financial year which commenced on the first day of July, One thousand nine hundred and fifty-two, or in respect of any subsequent financial year.