Page 1111 - Week 06 - Thursday, 27 July 1989
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it is two per cent or higher. It is proposed that, commencing in the 1990-91 financial year, land tax be payable in a single payment. The ACT is the only major city administration in Australia that does not apply a pecuniary penalty on overdue rates and land tax accounts.
The ACT Government loses interest on the outstanding moneys and incurs a heavy burden in recovery action. These costs are borne by all rate and land tax payers through higher rates and taxes. The Bill introduces a penalty rate of 20 per cent per annum on overdue accounts. This will serve to discourage recalcitrant property owners from non-payment and offset debt recovery costs of the revenue office.
I now present the explanatory memorandum for the Bill.
Debate (on motion by Mr Kaine) adjourned.
SEWERAGE RATES (AMENDMENT) BILL 1989
MS FOLLETT (Acting Minister for Housing and Urban Services) (4.50): I present the Sewerage Rates (Amendment) Bill 1989. I move:
That this Bill be agreed to in principle.
The Bill amends the Sewerage Rates Act 1959. The Sewerage Rates Act makes provision for the imposition of sewerage rates. The amendments, incidental to the rates and land tax penalty provisions, formalise existing arrangements and make it clear that sewerage rates accruing for the period before the transfer of function to ACT Electricity and Water on 1 July 1988 are payable to the Territory and that rates payable from 1 July 1988 are payable to the Authority.
To protect land owners who have made payments to the Authority in respect of pre-July 1988 rates, the Bill provides that such payments discharge the debt. I now present the explanatory memorandum for the Bill.
Debate (on motion by Mr Kaine) adjourned.
WATER RATES (AMENDMENT) BILL 1989
MS FOLLETT (Acting Minister for Housing and Urban Services) (4.52): Mr Speaker, I present the Water Rates (Amendment) Bill 1989. I move:
That this Bill be agreed to in principle.
This Bill amends the Water Rates Act 1959. The Water Rates Act makes provision for the imposition of water rates. The amendments, incidental to the Rates and Land Tax Act
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