Northern Territory Numbered Acts

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REVENUE UNITS ACT 2009 (NO 35 OF 2009) - SECT 5

New monetary value of revenue unit

If the monetary value of a revenue unit calculated under section 4 for a financial year (the new financial year ) increases from that of the previous financial year, the new value:

    (a)     takes effect on 1 July of the new financial year; and

    (b)     applies in calculating the amount of a fee or charge incurred only on or after the day on which the new value takes effect.



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