Australian Capital Territory
Taxation Administration (Amounts Payable – Duty) Determination 2007 (No 1)
Disallowable instrument DI2007–167
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 – Duty) Determination 2007 (No 1).
2	Commencement 
This instrument commences on 1 July 2007. 
3		Determination of amounts payable—Duties Act, s 31
For the Duties Act 1999, section 31, duty chargeable in relation to a dutiable transaction is at the rate mentioned in column 3 of Table 1 for an item, in relation to the appropriate range of dutiable amounts of dutiable transactions mentioned in the item in column 2 of the table.
In Table 1, column 2, dutiable amount for a dutiable transaction—means the dutiable value of the dutiable property subject to the transaction.

Table 1.   Determination of amounts payable—Duties Act, s 31 
Column 1	Column 2	Column 3	
Item	Range of dutiable amounts 	Rate of duty	
1	Not more than $100,000	$2 for every $100, or part of $100, of the dutiable amount, or $20, whichever is the greater	
2	More than $100,000 but not more than $200,000	$2,000 plus $3.50 for every $100, or part of $100, by which the dutiable amount exceeds $100,000	
3	More than $200,000 but not more than $300,000 	$5,500 plus $4.00 for every $100, or part of $100, by which the dutiable amount exceeds $200,000	
4	More than $300,000 but not more than $500,000	$9,500 plus $5.50 for every $100, or part of $100, by which the dutiable amount exceeds $300,000 	
5	More than $500,000 but not more than $1,000,000	$20,500 plus $5.75 for every $100, or part of $100, by which the dutiable amount exceeds $500,000	
6	More than $1,000,000	$49,250 plus $6.75 for every $100, or part of $100, by which the dutiable amount exceeds $1,000,000	

4		Determination of amounts payable—Duties Act, various sections
For the purposes of the provisions of the Duties Act 1999 mentioned in column 2 of Table 2, duty chargeable on the relevant amount is at the rate mentioned for the item in column 3 of the table.
In Table 2, relevant amount means, as mentioned in column 3:
•	dutiable value; or
•	cost or value; or
•	premium; or
•	sum insured.

Table 2.  Determination of amounts payable—Duties Act, various sections 
Column 1	Column 2	Column 3	
Item	Duties Act 1999	Rate of duty on relevant amount	
1	s 32 (1)	60 cents for every $100, or part of $100, of the dutiable value of the marketable securities	
2	s 33 (1) 	60 cents for every $100, or part of $100, of the dutiable value of the property the subject of the transaction, insofar as it is property to which sections 33 (1) (a) and 33 (1) (b) apply	
3	s 140 	50 cents for every $100, or part of $100, of the cost or value of the lease	
4	s 178 	10% of the amount of the premium paid in relation to a contract of general insurance	
5	s 185 (1)	(a)  $1 on the first $2,000, or part of $2,000, of the sum insured; and 
(b)  20 cents for every $200, or part of $200, in excess of the first $2,000 of the sum insured	
6	s 185 (2)	5% of the first year’s premium for the temporary or term insurance policy	
7	s 185 (3)	5% of the first year’s premium for the rider	
8	s 185 (4)	10% of the premium paid to effect the insurance	
9	s 208 (1)	$3 for every $100, or part of $100, of the dutiable value of the motor vehicle	
10	s 208 (2)	$1,350 plus $5 for every $100, or part of $100, of the dutiable value of the motor vehicle in excess of $45,000	

5		Revocation
DI2006-109 is revoked.

Jon Stanhope MLA
Treasurer 

29 June 2007