Page 2661 - Week 07 - Thursday, 3 July 2008

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Thursday, 3 July 2008

The Assembly met at 10.30 am.

(Quorum formed.)

MR SPEAKER (Mr Berry) took the chair and asked members to stand in silence and pray or reflect on their responsibilities to the people of the Australian Capital Territory.

Revenue Legislation Amendment Bill 2008

Ms Gallagher, pursuant to notice, presented the bill, its explanatory statement and a Human Rights Act compatibility statement.

Title read by Clerk.

MS GALLAGHER (Molonglo—Minister for Health, Minister for Children and Young People, Minister for Disability and Community Services, Minister for Women) (10:32): I move:

That this bill be agreed to in principle.

The Revenue Legislation Amendment Bill 2008 amends the Duties Act 1999 and the First Home Owner Grant Act 2000. This bill is a clarifying instrument designed not to impose any new revenue measures but, rather, to provide greater certainty to taxpayers. It makes explicit certain elements that have been inferred from current legislation and also removes an inconsistency in relation to recovering the first home owner grant from a third party.

Mr Speaker, the bill contains two amendments. The first of these relates to duty on an application to register a motor vehicle under the Duties Act. If no duty were payable in another jurisdiction because the registration was exempt or not liable to duty and such a registration is dutiable in the ACT, duty is payable on the application for re-registration of the motor vehicle in the ACT. The amendment inserts an example to clarify this duty liability when transferring registration from another jurisdiction. The amendment also clarifies that if duty were paid in another jurisdiction, duty is not payable on re-registration in the ACT.

The second amendment contained in this bill relates to the First Home Owner Grant Act. The amendment allows the commissioner to require a third party to pay an amount owed by a grant recipient where the third party is a debtor of the grant recipient. The amendment also provides objection rights to the third party if they are dissatisfied with the commissioner’s request for them instead of the grant recipient to pay the recoverable amount. These provisions align the debt recovery provisions in the First Home Owner Grant Act with similar provisions in the Taxation Administration Act 1999. I commend the Revenue Legislation Amendment 2008 to the Assembly.

Debate (on motion by Mrs Burke) adjourned to the next sitting.

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