Page 225 - Week 01 - Thursday, 14 February 2019
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provided, consistent across tax lines, again to align with New South Wales and Victoria.
The bill includes amendments for a limited exemption from land tax for private properties rented through a community housing provider. This is in line with the ACT housing strategy to incentivise private landlords to supply affordable rentals through a registered community housing provider. Under the arrangements in the bill, the minister may determine criteria that apply to participants in this scheme. This will provide for rents at less than 75 per cent of market rates and make properties more accessible to tenants in the bottom two income quintiles. References in the land rent and planning and development acts will also be updated for certain taxes, to recognise them as recoverable.
The bill also includes an amendment to an existing duty exemption which would extend the exemption to University of Canberra declared land subleases. This change addresses earlier omissions from amendments in 2015. The bill will insert a clear basis in the Duties Act for homebuyer assistance schemes. The Betting Operations Tax Act 2018 will be amended to exclude bets placed under the Pool Betting Act 1964 to address a previous omission in drafting and correct incorrect references to section numbers.
The ability to apply for a rates, land tax and other charges certificate will be restricted to certain persons—the owner, the purchaser or mortgagee of a parcel of land. This will better protect the privacy of property owners. The Taxation Administration Act will be amended to enable the disclosure of information in situations where there is a serious threat to life, health or safety, similar to provisions in the Information Privacy Act 2014. The bill also contains other minor amendments to address wording and description matters in various pieces of tax legislation.
Through this bill we are continuing to ensure that our tax system is fit for purpose. The Revenue Legislation Amendment Bill promotes the integrity and operation of tax laws in the ACT and supports the functioning of government to the benefit of all Canberrans. I commend the bill to the Assembly.
Debate (on motion by Mr Coe) adjourned to the next sitting.
Fuel Pricing—Select Committee
Appointment
MR BARR (Kurrajong—Chief Minister, Treasurer, Minister for Social Inclusion and Equality, Minister for Tourism and Special Events and Minister for Trade, Industry and Investment) (11.08): I move:
That:
(1) a select committee be established to inquire into and report on fuel prices in the ACT, including:
(a) fuel price methodology and key determinants;
(b) characteristics of the ACT fuel market, including historical changes;
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