Australian Capital Territory
Unit Titles (Fees) Determination 2008 (No 1)
Disallowable Instrument DI2008-167
made under the
Unit Titles Act 2001, s 179 (Determination of fees)

EXPLANATORY STATEMENT

The Unit Titles Act 2001 is an Act to provide for the subdivision of land by units plans and the management of units plans by owners corporations, and for other purposes.

Section 179 of the Act provides the Minister with the power to determine fees.  

The purpose of this determination is to revoke Disallowable Instrument DI 20057 - 153 that set fees for the 2007-08 financial year and to determine fees for the 2008-09 financial year.

The fees determined for the 2008-09 financial year represent the 2007-08 financial year fees increased in accordance with the Consumer Price Index March 2008 quarter annualised estimate of 4.2%.  Appropriate rounding has occurred in relation to the increases.

The fees take effect on 1 July 2008.

The determination under section 179 of the Act is a disallowable instrument.