This legislation has been repealed.
65CA—Save the River Murray levy
(1) The Save the River
Murray levy is—
(a) for
category 1 land—$30 (indexed) for each financial year;
(b) for
category 2 land—$135 (indexed) for each financial year.
"Category 1 land" is residential land and land of any other class declared
under subsection (4)
to be category 1 land.
"Category 2 land" is any other land.
(2) A proportionate
amount of the levy is payable for each quarter.
Note—
As the levy will not come into operation until the second quarter of the
2003–2004 financial year, it follows that the amount of the levy for
that financial year will be only three-quarters of the amount referable to a
full financial year.
(3) The amount of the
levy is to be adjusted (to the nearest 20 cents) for each financial year
commencing after this section comes into operation by multiplying the relevant
amount fixed in subsection (1)
by a multiplier obtained by dividing the Consumer Price Index (All Groups
Index for Adelaide) for the March quarter in the calendar year in which the
relevant financial year commences by the Consumer Price Index (All Groups
Index for Adelaide) for the March quarter 2003.
(a)
declare specified non-residential land or a particular class of
non-residential land to be category 1 land; or
(b)
exclude specified land or land of a specified class from the application of
the levy; or
(c)
declare that specified persons or persons of a specified class are entitled to
a remission or partial remission of the levy; or
(d) vary
or revoke a previous declaration or exclusion under this subsection.
(5) The Minister is to
exercise the powers conferred by subsection (4)
—
(a) by
notice in the Gazette; or
(b) in
the case of a declaration or exclusion related to specified land or specified
persons (or the variation or exclusion of such a declaration or
exclusion)—either by notice in the Gazette or by instrument in writing.
A declaration or exclusion (or the variation or revocation of a declaration or
exclusion) is to take effect from the commencement of a particular financial
year or a particular quarter (to be specified in the relevant notice or
instrument). Where the declaration or exclusion (or its variation or
revocation) is made by notice in the Gazette, the notice must be published
before the date on which it is to take effect. An instrument related to
specified land or specified persons may operate retrospectively from a
specified date (but not from a date falling before the commencement of the
financial year in which the instrument is made).
(6) The above
provisions are subject to the following qualifications:
(a) a
local government council is liable to a single levy of $135 (indexed) for each
financial year irrespective of the number of its landholdings and their
classification;
(b) a
person entitled to a remission of water rates under the Rates
and Land Tax Remission Act 1986 is exempt from the levy;
(c) a
registered housing co-operative entitled to a remission of water rates in
respect of premises or a part of premises under section 104 of the South
Australian Co-operative and Community Housing Act 1991 is exempt from the
levy to the extent that it would (apart from this paragraph) apply to the
relevant premises or the relevant part of the premises.