Australian Capital Territory
Taxation Administration (Amounts Payable – Home Buyer Concession Scheme) Determination 2007 (No 2)
Disallowable instrument DI2007– 313
made under the
Taxation Administration Act 1999, s 139 Determination of amounts payable under tax laws

Name of Instrument
This instrument is the Taxation Administration (Amounts Payable—Home Buyer Concession Scheme) Determination 2007 (No 2).

Commencement	
This determination commences on 1 January 2008.

Determination of amounts
I determine the following thresholds to be used to calculate duty under section 31 of the Duties Act 1999, as payable to the Territory by an eligible home buyer for the Home Buyer Concession Scheme:

	Property Value Thresholds		Threshold Amount	
Lower Threshold (Full Concession)	$310,000	
Upper Threshold (at which Concession ceases)	$390,000	

	Land Value Thresholds		Threshold Amount	
Lower Threshold (Full Concession)	$172,500	
Upper Threshold (at which Concession ceases)	$215,400	

Revocation
I revoke Disallowable Instrument DI2007-113.

Jon Stanhope MLA
Treasurer
21 December 2007