STATUTORY RULES.
1911. No. 83.
PROVISIONAL REGULATIONS UNDER THE LAND TAX ASSESSMENT ACT 1910.
I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby certify that the following Regulations under the Land Tax Assessment Act 1910, should on account of urgency, come into immediate operation, and make the Regulations to come into operation forthwith as provisional regulations.
Dated this ninth day of June, One thousand nine hundred and eleven.
DUDLEY,
Governor-General.
By His Excellency’s Command,
C. E. FRAZER,
For the Treasurer.
The Land Tax Regulations 1911 (Statutory Rules 1911, No. 8) are amended as follows:—
By inserting therein after Regulation 51 the following new Regulations:—
Leasehold Estates.
In the case of land coming under Section 28 of the Act, the part of the unimproved value of the land corresponding to the unexpired term of the lease as mentioned in Section 28 (3a) of the Act shall be calculated under Table 1 in the Schedule to Statutory Rules 1911, No. 8, upon the assumption that the annual unimproved value of the land is 4½ per cent. of the capital unimproved value.
Allowance on Account of Onerous Conditions.
For the purpose of an assessment under Section 28 (3b) of the Act of the amount (if any) which ought to be added to the value of the rent reserved under a lease on account of onerous conditions imposed upon the lessee for constructing buildings, works, or other improvements upon the land, or expending money thereon, the table in the schedule hereto shall be applied for the purpose of ascertaining the sinking fund required to replace the value of expenditure under onerous conditions as may be determined upon by the Commissioner.
C.9550.—Price 3d.
SCHEDULE.
——
Annual Sum which Accumulated at Compound Interest will amount to £1 at the end of any number of Years from 1 to 100.
Year | 4½ per cent. | Year. | 4½ per cent. | Year. | 4½ per cent. |
| £ |
| £ |
| £ |
1 | ·97815 | 36 | ·01135 | 71 | ·00202 |
2 | ·47832 | 37 | ·01074 | 72 | ·00193 |
3 | ·31180 | 38 | ·01017 | 73 | ·00184 |
4 | ·22863 | 39 | ·00964 | 74 | ·00176 |
5 | ·17880 | 40 | ·00914 | 75 | ·00168 |
6 | ·14563 | 41 | ·00867 | 76 | ·00161 |
7 | ·12198 | 42 | ·00823 | 77 | ·00154 |
8 | ·10428 | 43 | ·00781 | 78 | ·00147 |
9 | ·09055 | 44 | ·00742 | 79 | ·00140 |
10 | ·07960 | 45 | ·00705 | 80 | ·00134 |
11 | ·07067 | 46 | ·00670 | 81 | ·00128 |
12 | ·06325 | 47 | ·00636 | 82 | ·00122 |
13 | ·05700 | 48 | ·00605 | 83 | ·00117 |
14 | ·05167 | 49 | ·00576 | 84 | ·00112 |
15 | ·04706 | 50 | ·00548 | 85 | ·00107 |
16 | ·04305 | 51 | ·00522 | 86 | ·00102 |
17 | ·03953 | 52 | ·00497 | 87 | ·00097 |
18 | ·03642 | 53 | ·00473 | 88 | ·00093 |
19 | ·03366 | 54 | ·00450 | 89 | ·00089 |
20 | ·03118 | 55 | ·00429 | 90 | ·00085 |
21 | ·02895 | 56 | ·00409 | 91 | ·00082 |
22 | ·02694 | 57 | ·00390 | 92 | ·00078 |
23 | ·02512 | 58 | ·00372 | 93 | ·00075 |
24 | ·02346 | 59 | ·00354 | 94 | ·00071 |
25 | ·02195 | 60 | ·00338 | 95 | ·00068 |
26 | ·02056 | 61 | ·00322 | 96 | ·00065 |
27 | ·01929 | 62 | ·00307 | 97 | ·00062 |
28 | ·01812 | 63 | ·00293 | 98 | ·00060 |
29 | ·01703 | 64 | ·00280 | 99 | ·00057 |
30 | ·01603 | 65 | ·00267 | 100 | ·00055 |
31 | ·01511 | 66 | ·00255 |
|
|
32 | ·01424 | 67 | ·00243 |
|
|
33 | ·01344 | 68 | ·00232 |
|
|
84 | ·01270 | 69 | ·00222 |
|
|
35 | ·01200 | 70 | ·00212 |
|
|
Printed and Published for the Government of the Commonwealth of Australia by J. Kemp, Government Printer for the State of Victoria.