Australian Capital Territory
Taxation Administration (Interest Payable – Land Rent) Determination 2012 (No 1)
Disallowable instrument DI2012–176
made under the  
Taxation Administration Act 1999, section 139 (Determination of amounts payable under tax laws) 

1	Name of instrument
This instrument is the Taxation Administration (Interest Payable – Land Rent) Determination 2012 (No 1)
2	Commencement 
This instrument commences on 1 July 2012. 
3	Determination of interest rate on unpaid land rent
For the purposes of section 21 of the Land Rent Act 2008, interest is calculated at the interest rate as set under section 26 of the Taxation Administration Act 1999; that is, the sum of the market rate component and the premium component.
4	Revocation
Disallowable Instrument DI2008-137 is revoked.

Andrew Barr MLA
Treasurer
  29 June 2012