The purposes of this Act are—
(a) to amend the Duties Act 2000 in relation to—
(i) the primary production requirement for the young farmers concession and exemption; and
(ii) insurance duty; and
(iii) the registration of livestock agents; and
(b) to amend the Gambling Regulation Act 2003 in relation to—
(i) payments to the ANZAC Day Proceeds Fund; and
(ii) the Victorian racing industry payment; and
(c) to amend the Land Tax Act 2005 in relation to—
(i) vacant residential land tax; and
(ii) the exemption from land tax for primary production land; and
(iii) implied and constructive trusts; and
(d) to amend the Valuation of Land Act 1960 in relation to giving notice of valuations.