Australian Capital Territory Numbered Acts

TAXATION (GOVERNMENT BUSINESS ENTERPRISES) ACT 2003 (NO. 12 OF 2003) - SCHEDULE 1

Schedule 1     Consequential amendments

(see s 12)

Part 1.1     ACTION Authority Act 2001

[1.1]     Section 35

omit

Part 1.2     Cultural Facilities Corporation Act 1997

[1.2]     Section 30A

omit

Part 1.3     Gungahlin Development Authority Act 1996

[1.3]     Sections 35 and 35A

omit

Part 1.4     Hotel School Act 1996

[1.4]     Section 32

omit

Part 1.5     Insurance Authority Act 2000

[1.5]     Section 34

substitute

34     Exemption from insurance levy and stamp duty on policies

ACTIA is exempt from the payment of any insurance levy or stamp duty on an insurance policy issued by ACTIA.

Part 1.6     Kingston Foreshore Development Authority Act 1999

[1.6]     Section 3 , new definition of business plan

insert

"business plan", of the authority for a financial year—see section 27.

[1.7]     Section 27

substitute

27     Meaning of business plan

A "business plan", of the authority for a financial year, is the business plan of the authority in force for that year, and includes any modification of the plan under section 31.

[1.8]     Sections 27A and 34 to 37

omit

Part 1.7     National Exhibition Centre Trust Act 1976

[1.9]     Section 27

omit

Part 1.8     Payroll Tax Act 1987

[1.10]     Section 9 (1) (h) and (i)

substitute

        (h)     from a bank account kept under the Financial Management Act 1996 , part 5, unless—

              (i)     the bank account is nominated by the Minister in writing for this subparagraph; or

              (ii)     the wages are paid or payable by an entity prescribed for the Taxation (Government Business Enterprises) Act 2003 , section 9; or

              (iii)     the wages are paid or payable by an entity to which a direction under the Taxation (Government Business Enterprises) Act 2003 , section 10 applies to make the entity liable to tax under this Act; or

              (i)     by a Territory authority funded solely by money appropriated from the public money of the Territory by an Act unless—

              (i)     the wages are paid or payable by a Territory authority prescribed for the Taxation (Government Business Enterprises) Act 2003 , section 9; or

              (ii)     the wages are paid or payable by a Territory authority to which a direction under the Taxation (Government Business Enterprises) Act 2003 , section 10 applies to make the authority liable to tax under this Act.

[1.11]     Section 9 (2)

substitute

    (2)     A nomination under subsection (1) (h) (i) is a disallowable instrument.

Note     A disallowable instrument must be notified, and presented to the Legislative Assembly, under the Legislation Act.

Part 1.9     Stadiums Authority Act 2000

[1.12]     Section 36

omit

Part 1.10     Territory Owned Corporations Act 1990

[1.13]     Part 5 heading

substitute

Part 5     Territory taxes    

[1.14]     Section 28A

omit

[1.15]     Section 29 (3)

omit

[1.16]     New section 29 (4A)

insert

    (4A)     This section does not apply to a Territory owned corporation prescribed for the Taxation (Government Business Enterprises) Act 2003 , section 9 or to a subsidiary of such a corporation.

[1.17]     Section 29

renumber subsections when Act next republished under Legislation Act 2001

[1.18]     Sections 30 to 30L

omit

[1.19]     Schedule 4, clause 5

omit

[1.20]     Schedule 5, clause 4

omit