Australian Capital Territory Repealed Acts

This legislation has been repealed.

RATES AND LAND TAX ACT 1926 (REPEALED) - SECT 11A

    (1)     For this Act (other than the definition of average unimproved value and section 9), the unimproved value of a parcel of land as at a special relevant date shall be ascertained in accordance with this section, despite any other provision of this Act.

    (2)     If the unimproved value of a parcel of land as at a special relevant date is to be determined or redetermined under another provision of this Act, the value determined or redetermined under that provision shall be the unimproved value of the parcel as at 1 January 1994.

    (3)     If the unimproved value of a parcel of land as at a special relevant date has been determined or redetermined in accordance with subsection (2)—

        (a)     subsection (2) does not apply to the parcel in relation to any later special relevant date; and

        (b)     the unimproved value of the parcel as at any later special relevant date shall be taken to be the unimproved value of the parcel as at 1 January 1994; and

        (c)     the fixing of the valuation under paragraph (b) shall be taken to be a valuation referred to in section 8 (2); and

        (d)     section 12 applies in relation to the fixing of the valuation under paragraph (b) as if the value so fixed had been determined; and

        (e)     section 29 does not apply in relation to the valuation under paragraph (b).

    (4)     In this section:

"special relevant date" means 1 January 1995 or 1 January 1996.