Australian Capital Territory Numbered Regulations

CITY AREA LEASES (BETTERMENT CHARGE ASSESSMENT) REGULATIONS (NO. 7 OF 1991)

TABLE OF PROVISIONS

   1.      These Regulations may be cited as the City Area Leases (Betterment Charge Assessment) Regulations.  
   2.      In these Regulations, unless the contrary intention appears—“added value”, in relation to a parcel of land held under a lease in respect of which a provisional order has been made under section 11A of the Act, means the amount by which the unimproved value of the land immediately after the order was made would have exceeded the unimproved value of the land immediately before the order was made if the lease had been varied in the manner provided in the provisional order when that order was made; “the Act” means the City Area Leases Act 1936; “unimproved value”, has, in relation to a parcel of land held under a lease, the same meaning as in the Rates and Land Tax Act 1926.  
   3.      (1) The amount of the betterment charge payable in respect of the variation of a lease under the Act is—  
   4.      (1) In this regulation—“prescribed lease” means a lease—  
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