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This is a Bill, not an Act. For current law, see the Acts databases.
REVENUE LEGISLATION AMENDMENT BILL 2007
2007
THE LEGISLATIVE ASSEMBLY
FOR THE AUSTRALIAN CAPITAL
TERRITORY
(As presented)
(Treasurer)
Revenue
Legislation Amendment Bill 2007
Contents
Page
2007
THE LEGISLATIVE ASSEMBLY
FOR THE AUSTRALIAN CAPITAL
TERRITORY
(As presented)
(Treasurer)
Revenue Legislation
Amendment Bill 2007
A Bill for
An Act to amend the
Duties Act 1999, the Land
Tax Act 2004, the Payroll Tax Act 1987 and the Rates Act
2004
The Legislative Assembly for the Australian Capital Territory enacts as
follows:
This Act is the Revenue Legislation Amendment Act 2007.
This Act commences on the day after its notification day.
Note The naming and commencement provisions automatically commence
on the notification day (see Legislation Act, s 75 (1)).
3 Legislation
amended—pt 2
This part amends the Duties Act 1999.
4 Transfer
of land to certain authorities and other
bodiesSection 64 (1)
substitute
(1) Duty of $20 is chargeable on a grant of a Crown lease to a
non-commercial Commonwealth authority.
5 Repossessed
motor vehiclesSection
216 (c)
omit
licensed dealer under the Sale of Motor Vehicles Act 1977
substitute
licensed vehicle dealer
6 Prerequisites
for registrationSection 221 (1) (c)
(i)
substitute
(i) the person is carrying on business as a licensed vehicle dealer;
and
7 Dictionary,
definition of licensed vehicle dealer
substitute
licensed vehicle dealer means a licensed dealer under the
Sale of Motor Vehicles Act 1977, or the holder of a similar licence under
a corresponding law.
8 Legislation
amended—pt 3
This part amends the Land Tax Act 2004.
9 Payment
of land taxNew section 17 (2A)
insert
(2A) However, if the owner of the parcel is a person to whom
section 20 (3) applies in relation to the unpaid land tax, the amount
is payable by the person who was the owner of the parcel for the period to which
the liability relates.
Part
4 Payroll Tax Act
1987
10 Legislation
amended—pt 4
This part amends the Payroll Tax Act 1987.
11 Wages
to which this Act appliesSection 2D
(1)
substitute
(1) The following wages are wages to which this Act applies:
(a) wages that are paid or payable in the ACT in a month or part of a
month in relation to services performed or rendered in—
(i) the ACT or another country; or
(ii) more than 1 State or Territory;
(b) wages that are paid or payable elsewhere than in the ACT in a month or
part of a month in relation to services performed or rendered wholly in the
ACT.
12 Legislation
amended—pt 5
This part amends the Rates Act 2004.
13 Imposition
of rates—qualifying parcels of
landSection 34 (3),
formula
substitute
[(FCC× CP) + (FCR ×
RP)] + [(AUV - TA)
× ({CP× PC}
+ {RP × PR})]
14 Section
34 (4), definition of FC
substitute
FCC means the fixed charge determined under the Taxation
Administration Act, section 139 for the parcel as commercial land.
FCR means the fixed charge determined under the Taxation
Administration Act, section 139 for the parcel as residential land.
Endnotes
1 Presentation speech
Presentation speech made in the Legislative Assembly on 2007.
2 Notification
Notified under the Legislation Act on 2007.
3 Republications of amended laws
For the latest republication of amended laws, see
www.legislation.act.gov.au.
© Australian Capital Territory
2007
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