Page 891 - Week 04 - Tuesday, 16 June 1992

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ANSWERS TO QUESTIONS

MINISTER FOR THE ENVIRONMENT, LAND AND PLANNING

LEGISLATIVE ASSEMBLY QUESTION

QUESTION NO 82

Lease Variations - Betterment Charges

Mr Moore - asked the Minister for the Environment, Land and Planning - with reference to -

(1) Gazette No. 9 of 4 March 1992, why was no Betterment Charge made for Block 21

Section 60 Yarralumla ?

(2) Special Gazette of 4 March 1992, why was no Betterment Charge payable in respect of the variation on the Crown Lease of Block 2 Section 12 Belconnen ?

Mr Wood - the answer to the Members questions is as follows:

The Australian Valuation Office advised that the variation did not affect the value of the blocks. In other words, the "before" value was the same as the "after" value in each case. There being no added value, it followed that there was no betterment charge.

891


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