Page 1974 - Week 07 - Thursday, 31 May 1990
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TAXATION (ADMINISTRATION) (AMENDMENT) BILL (NO. 3) 1990
MR DUBY (Minister for Finance and Urban Services) (4.34): I present the Taxation (Administration) (Amendment) Bill (No. 3) 1990. I move:
That this Bill be agreed to in principle.
This Bill amends the Taxation (Administration) Act 1987. The Act provides a consolidated system for the administration of Acts dealing with taxation in the Territory. Amendments to the Act are required to facilitate the administration of the Business Franchise ("X" Videos) Bill 1990. The amendments will give tax officers the power to inspect and, if necessary, seize any X-rated video that a tax officer believes to be connected with an offence against the tax law. This is seen as a necessary deterrent to illegal trading activities within the Territory.
The amendments further expand existing provisions to ensure that all moneys due to the Territory in relation to X-rated videos are received. The commissioner will be able to request information in respect of each application for an X-rated licence and levy penalty tax on a person who fails to renew a licence but continues to trade. These last two amendments will also apply to licences granted and renewed under the Business Franchise (Tobacco and Petroleum Products) Act 1984. I now present the explanatory memorandum for the Bill.
Debate (on motion by Mr Berry) adjourned.
RATES AND LAND TAX (AMENDMENT) BILL (NO. 2) 1990
MR DUBY (Minister for Finance and Urban Services) (4.37): Mr Speaker, I present the Rates and Land Tax (Amendment) Bill (No. 2) 1990. I move:
That this Bill be agreed to in principle.
This Bill amends the Rates and Land Tax Act 1926. The Rates and Land Tax Act provides for the imposition of municipal rates and land tax in the Australian Capital Territory. The Act is being amended to alter the urban, rural and land tax rates for 1990-91. Additional debt recovery and housekeeping measures are proposed which will complement the initiatives introduced last year by way of the early payment discount arrangements and interest charges on overdue accounts, and further improve administrative arrangements under the Act.
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