Australian Capital Territory
Taxation Administration (Rates – Discount Rate) Determination 2004 (No 1)
Disallowable instrument DI2004—59
made under the
Taxation Administration Act 1999, s 139 Determination of amounts payable under tax laws

EXPLANATORY STATEMENT

This determination takes effect from 1 July 2004.

Under section 139 of the Taxation Administration Act 1999 the Minister has authority to determine, in writing by disallowable instrument, amounts payable under this Act.

For the purpose of the Rates Act 2004 section 18 (3) the discount rate is 3% per annum.

Authorised by the Treasurer