LAND TAX ASSESSMENT.
No. 14 of 1934.
An Act to amend section twenty-eight of the Land Tax Assessment Act 1910-1930, as amended by the Financial Relief Act 1932.
[Assented to 30th July, 1934.]
BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—
Short title and citation
1.—(1.) This Act may be cited as the Land Tax Assessment Act 1934.
(2.) The Land Tax Assessment Act 1910–1930, as amended by the Financial Relief Act 1932, is in this Act referred to as the Principal Act.
(3.) The Principal Act, as amended by this Act, may be cited as the Land Tax Assessment Act 1910-1934.
Leasers and leases of land leased before the commencement of the Act.
2. Section twenty-eight of the Principal Act is amended by adding at the end of paragraph (aa) of sub-section (3.) the following proviso:—
“Provided further that where, by any State Act, provision has, prior to the commencement of this proviso, been made for a percentage reduction in annual rents reserved in leases of Crown lands, the annual rents reserved in those leases shall be deemed to be the annual rents payable prior to the percentage reduction;”.
Application of Act.
3. The amendment effected by section two of this Act shall apply to assessments for the financial year beginning on the first day of July, One thousand nine hundred and thirty-three and all subsequent years.