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Legislative Assembly for the ACT: 2003 Week 7 Hansard (24 June) . . Page.. 2428 ..


13B Imposition-rating system 2003-2004

(1) Section 13 does not apply in relation to a parcel of residential or rural land for the year beginning 1 July 2003.

(2) For the year beginning 1 July 2003, rates are imposed for a parcel

of residential or rural land in accordance with the formula:

R x 1.029.

(3) In this section:

R

means-

(a) for a parcel of land that was rateable for the whole of the previous year-the amount of the rates payable for the parcel for that year; or

(b) for a parcel of land that was rateable for only part of the previous year-the amount of the rates that would have been payable for the parcel for that year if it had been rateable for

the whole of the year; or

(c) for a parcel of land that was not rateable for the previous year-the amount of the rates that would have been payable for the parcel under section 13 for the year if the parcel had

been rateable throughout the previous year.

(4) This section is subject to section 24A (Unit subdivisions) and

section 25A (Unit subdivisions-rating system 2003-2004).

(5) This section expires on 1 July 2004.

(6) The Legislation Act, section 88 (Repeal does not end effect of

transitional laws etc) applies to this section.

5

Clause 6

Page 3, line 7-

[oppose the clause]

6

Proposed new clause 7

Page 3, line 27-

insert

7 New section 25A

insert

25A Unit subdivisions-rating system 2003-2004

(1) This section applies to a parcel of land to which section 24A

would, apart from subsection (2), apply.

(2) Section 24A (3) and (4) does not apply in relation to the year

beginning 1 July 2003.

(3) For the year beginning 1 July 2003, rates are imposed for a unit

that is part of a parcel of land subdivided by the registration of a

units plan in accordance with the formula:

R x 1.029.

(4) In this section:

R

means-

(a) for unit that was rateable for the whole of the previous year-

the amount of the rates payable for the unit for that year; or


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