Australian Capital Territory
Taxation Administration (Amounts Payable—Thresholds—Home Buyer Concession Scheme) Determination 2009 (No 2)
Disallowable instrument DI2009–247
made under the 
Taxation Administration Act 1999, s 139 (Determination of amounts payable under tax laws)

1	Name of instrument
This instrument is the Taxation Administration (Amounts Payable—Thresholds—Home Buyer Concession Scheme) Determination 2009 (No 2).
2	Commencement 
This instrument commences on 1 January 2010. 
3	Determination of amounts
I determine the following thresholds and amounts to be used to calculate duty under section 31 of the Duties Act 1999 as payable to the Territory by an eligible home buyer under the Home Buyer Concession Scheme:
Property Value Thresholds	Threshold Amount	
Lower Threshold (Full Concession)	$349,800	
Upper Threshold (at which Concession ceases)	$422,000	

Land Value Thresholds	Threshold Amount	
Lower Threshold (Full Concession)	$194,800	
Upper Threshold (at which Concession ceases)	$233,300	

4	Calculation of concessional duty payable—eligibility instrument
	The following are the concessional duty rates calculated in accordance with the criteria determined under the Disallowable Instrument that currently determines the eligibility criteria for the Home Buyer Concession Scheme:
Concessional Duty Rates	Amount per $100 (or part thereof) of the dutiable value in excess of the lower threshold	
	Eligible Property	$22.45	
	Eligible Vacant Block	$17.75	

5	Revocation
DI2009-112 is revoked.
6	Transitional Provisions
DI2009-112 continues to apply to a grant, transfer, or an agreement to transfer a lease between 1 July 2009 and 31 December 2009 inclusive.

Treasurer
Katy Gallagher MLA 
10 December 2009