Legislative Assembly for the ACT: 1998 Week 9 Hansard (19 November) . . Page.. 2651 ..
MR BERRY: I seek leave to present a petition which does not conform with standing orders.
MR BERRY: I present an out-of-order petition from 470 residents concerning the closure of Spence Primary School.
MS CARNELL (Chief Minister and Treasurer) (10.33): Mr Speaker, I present the Rates and Land Tax (Amendment) Bill (No. 2) 1998, together with its explanatory memorandum.
Title read by Clerk.
MS CARNELL: Mr Speaker, I move:
That this Bill be agreed to in principle.
This Bill introduces amendments to the Rates and Land Tax Act 1926 which will secure the Territory's rates and land tax revenue base, strengthen compliance provisions in the area of residential land tax and provide greater equity for landowners in certain cases. Mr Speaker, the Bill allows the Commissioner for ACT Revenue to delegate her powers and functions under the Rates and Land Tax Act. This delegation is currently made under the Taxation (Administration) Act 1987. Legal advice is that delegation of these powers under the Rates and Land Tax Act will remove any possibility of challenge to decisions made under delegation and will, therefore, protect the rates and land tax revenue base. This revenue is estimated at $131.53m for 1998-99.