Victorian Numbered Acts

STATE TAXATION AND OTHER ACTS AMENDMENT ACT 2016 (NO. 40 OF 2016)

TABLE OF PROVISIONS

   PART 1--PRELIMINARY

   1.      Purposes  
   2.      Commencement  

   PART 2--AMENDMENT OF THE DUTIES ACT 2000

   3.      Definitions  
   4.      New section 3G inserted  
   5.      Foreign purchasers—duty in respect of change of use of land  
   6.      Rate for additional duty chargeable for foreign purchasers—residential property  
   7.      Transactions treated as sub-sales of land—repeal of definition  
   8.      New sections 277 and 278 inserted  
   9.      New clauses 34 to 39 inserted in Schedule 2  
   10.     Statute law revision  

   PART 3--AMENDMENT OF THE FIRE SERVICES PROPERTY LEVY ACT 2012

           Division 1--Exemption and concessions

   11.     Single farm enterprise exemption  
   12.     Concessions  

           Division 2--Consumer price index adjustment

   13.     CPI adjusted fixed charge  

   PART 4--AMENDMENT OF THE FIRST HOME OWNER GRANT ACT 2000

   14.     Power to recover amount paid in error etc.  
   15.     Insertion of Division headings in Part 4  
   16.     New sections 49B to 49G inserted  
   17.     Protection of confidential information  

   PART 5--AMENDMENT OF THE LAND TAX ACT 2005

   18.     Definitions  
   19.     Absentee controlling interest  
   20.     What is the rate of land tax?  
   21.     Land tax surcharge for absentee trusts  
   22.     Land tax for absentee fixed trust if beneficial interests notified to Commissioner  
   23.     Land tax for absentee unit trust scheme if unitholdings notified to Commissioner  
   24.     Land tax for beneficiary/trustees  
   25.     Land tax surcharge for related absentee corporations  
   26.     Exemption of primary production land in an urban zone in greater Melbourne  
   27.     Rate of land tax on land held by absentee owners for 2016  
   28.     New clause 4.2 of Schedule 1 inserted  
   29.     Rate of land tax on land held by owner subject to an absentee trust for 2016  
   30.     New clause 5.2 of Schedule 1 inserted  

   PART 6--AMENDMENT OF THE MINERAL RESOURCES (SUSTAINABLE DEVELOPMENT) ACT 1990

   31.     Royalties for lignite  

   PART 7--AMENDMENT OF THE PAYROLL TAX ACT 2007

           Division 1--Threshold amounts and deductible amounts

   32.     Designated group employers  
   33.     Registration  
   34.     Amendment of Schedule 1  
   35.     Definitions in Schedule 1  
   36.     New Division 1AA of Part 2 of Schedule 2 inserted  
   37.     Deductible amount for employer who does not pay interstate wages  
   38.     Deductible amount for employer who pays interstate wages  
   39.     Deductible amount for groups that do not pay interstate wages  
   40.     Deductible amount for groups that pay interstate wages  

           Division 2--Exemption for apprentices and trainees

   41.     Amounts taken to be wages  
   42.     Definitions in Schedule 2  
   43.     New clause 16A inserted in Schedule 2  

   PART 8--AMENDMENT OF THE PLANNING AND ENVIRONMENT ACT 1987

           Division 1--Consumer price index adjustments

   44.     CPI adjusted amount  
   45.     Indexation of threshold amount for excluded building work  
   46.     Maximum adjusted growth areas infrastructure contribution  
   47.     Adjusted deferred amount of growth areas infrastructure contribution  

           Division 2--Statute law revision

   48.     Statute law revision  

   PART 9--AMENDMENT OF THE STATE TAXATION ACTS FURTHER AMENDMENT ACT 2015

   49.     New clauses 13A and 13B inserted in Schedule 2  
   50.     Clause 16 of Schedule 2 substituted  

   PART 10--AMENDMENT OF THE TAXATION ADMINISTRATION ACT 1997

   51.     What happens if Commissioner refuses a refund?  
   52.     Permitted disclosures to particular persons or for particular purposes  

   PART 11--REPEAL OF AMENDING ACT

   53.     Repeal of amending Act  
           ENDNOTES