Page 3000 - Week 08 - Thursday, 7 August 2008

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The bill inserts a new section into the Duties Act which will enable a determination made under the Taxation Administration Act 1999 to recognise or adopt another instrument, such as the commonwealth green vehicle guide. The green vehicle guide is a website run by the commonwealth Department of Infrastructure, Transport, Regional Development and Local Government. It details the environmental performance of new vehicles for sale in Australia. The website at is regularly updated with data on new vehicles. The bill will allow a determination that sets rates of duty to refer to the green vehicle guide as in force from time to time. The process of applying an instrument as in force from time to time is covered by section 47 of the Legislation Act 2001.

Subsequent to this amendment, a new disallowable instrument will set the differential duty rates for new vehicles based on green vehicle guide ratings. A duty concession will provide an incentive for the purchase of vehicles with better than average environmental performance. For those vehicles with less than average environmental performance, the rate of duty will increase slightly. The duty rates will not change for vehicles with average environmental performance.

I commend the Duties Amendment Bill to the Assembly.

Debate (on motion by Mr Smyth) adjourned to the next sitting.

Superannuation (Legislative Assembly Members) Amendment Bill 2008

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

Title read by Clerk.

MR STANHOPE (Ginninderra—Chief Minister, Treasurer, Minister for Business and Economic Development, Minister for Indigenous Affairs, Minister for the Environment, Water and Climate Change, Minister for the Arts) (10:35): I move:

That this bill be agreed to in principle.

The Superannuation (Legislative Assembly Members) Amendment Bill 2008, the bill, amends the Superannuation (Legislative Assembly Members) Act 1991. This bill will implement one of the government’s undertakings announced in the 2006-07 budget and aims to place the territory’s finances on a more sustainable footing.

When I announced a reduction in superannuation benefits for all new entrants to the ACT public service during my 2006-07 budget speech I also announced that similar reductions in superannuation entitlements would apply to new MLAs assuming office at or after the next election in October 2008. This bill sets out the superannuation scheme arrangements for new MLAs who commence on or after the October 2008 election. As is usually the case, superannuation for existing MLAs will not be adversely impacted by the changes being proposed. However, the bill does provide for more flexibility in superannuation arrangements for existing MLAs.

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