2007
THE LEGISLATIVE ASSEMBLY
FOR THE AUSTRALIAN CAPITAL TERRITORY

(As presented)
(Treasurer)
Revenue Legislation Amendment Bill 2007

Contents
	Page
Part 1	Preliminary
	1	Name of Act	2
	2	Commencement	2
Part 2	Duties Act 1999
	3	Legislation amended—pt 2	3
	4	Transfer of land to certain authorities and other bodies
Section 64 (1)	3
	5	Repossessed motor vehicles
Section 216 (c)	3
	6	Prerequisites for registration
Section 221 (1) (c) (i)	3
	7	Dictionary, definition of licensed vehicle dealer	4
Part 3	Land Tax Act 2004
	8	Legislation amended—pt 3	5
	9	Payment of land tax 
New section 17 (2A)	5
Part 4	Payroll Tax Act 1987
	10	Legislation amended—pt 4	6
	11	Wages to which this Act applies
Section 2D (1)	6
Part 5	Rates Act 2004
	12	Legislation amended—pt 5	7
	13	Imposition of rates—qualifying parcels of land
Section 34 (3), formula	7
	14	Section 34 (4), definition of FC	7

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:

Part 1	Preliminary
1	Name of Act
This Act is the Revenue Legislation Amendment Act 2007.
2	Commencement
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)).

Part 2	Duties Act 1999
3	Legislation amended—pt 2
This part amends the Duties Act 1999.
4	Transfer of land to certain authorities and other bodies
Section 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 vehicles
Section 216 (c)
omit
licensed dealer under the Sale of Motor Vehicles Act 1977
substitute
licensed vehicle dealer
6	Prerequisites for registration
Section 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.

Part 3	Land Tax Act 2004
8	Legislation amended—pt 3
This part amends the Land Tax Act 2004.
9	Payment of land tax
New 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 applies
Section 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.

Part 5	Rates Act 2004
12	Legislation amended—pt 5
This part amends the Rates Act 2004.
13	Imposition of rates—qualifying parcels of land
Section 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