Australian Capital Territory
Taxation Administration (Rates – Discount Rate) Determination 2016 (No 1)
Disallowable instrument DI2016—146
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 (Rates–Discount Rate) Determination 2016 (No 1).
2	Commencement
		This instrument commences on 1 July 2016.
3	Determination 
	I determine that, for the purposes of section 18 (3) of the Rates Act 2004 the discount rate is 2 per cent per annum.
4	Revocation
	DI2004-59 is revoked.
5	Transitional Provisions
	DI2004-59 continues to apply to discounted rates transactions between 1 July 2004 and 30 June 2016.

Andrew Barr
Treasurer
21 June 2016