Australian Capital Territory
Taxation Administration (Rates – Rebate Cap) Determination 2005 (No 1)
Disallowable instrument DI2005—59
made under the
Taxation Administration Act 1999, s 139 Determination of amounts payable under tax laws

EXPLANATORY STATEMENT

This instrument revokes Disallowable Instrument No 58 of 2004 notified on the ACT Legislation Register dated 4 May 2004.  

The purpose of this instrument is to determine the rebate cap for section 64 (5) of the Rates Act 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.

This instrument determines the rebate cap for section 64 (5) of the Rates Act 2004 to be $365.  This cap applies to people who became eligible on or after 1 July 1997.  

If the eligible person is a joint owner of a parcel of land, the reference to 
$365 is a reference to so much of $365 as is proportional to the person’s interest in the land.

This determination takes effect from 1 July 2005.

Authorised by the Treasurer