Page 1346 - Week 04 - Thursday, 8 May 2014

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On 13 January 2014 ESDD granted a further approval extending the completion of works timeframe to 12 March 2016.

(2) No provisions have been added to the draft lease since it was issued prior to auction.

Planning—lease variation charge
(Question No 264)

Mr Smyth asked the Minister for the Environment and Sustainable Development, upon notice, on 9 April 2014:

(1) Since the Lease Variation Charge (LVC) came into effect, how many buildings have been redeveloped in the city.

(2) Will the Minister provide a list of redevelopments referred to in (1).

(3) Was the Canberra Club project approved under the Change of Use Charge (CUC) or Lease Variation Charge and (a) how much did the Government receive in stamp duty on the sale, (b) how much did the Government receive in stamp duty on the sales of the apartments and (c) what was the CUC/LVC paid.

(4) Was the Manhattan Apartments project approved under the Change of Use Charge or Lease Variation Charge and (a) how much did the Government receive in stamp duty on the sale, (b) how much did the Government receive in stamp duty on the sales of the apartments, (c) how much did the Government receive in general rates on the apartments (i) since the completion of the project and when this was a commercial building prior to redevelopment, (d) how much did the Government receive in land tax (i) since the completion of the project and (ii) when this was a commercial building prior to redevelopment and (e) what was the CUC/LVC paid.

Mr Corbell: The answer to the member’s question is as follows:

1) Six buildings

2) Block 6 Section 24 City (Nishi)

Block 1 Section 52 City (Manhattan)

Blocks 2-4 Section 18 Braddon

Block 6 Section 19 Braddon

Blocks 17 & 18 Section 21 Braddon

Block 22 Section 21 Braddon (Mode 3)

3) The Lease Variation for the Canberra Club was approved under Change of Use Charge (CUC);

a) Under the Taxation Administration Act 1999, I am not in a position to disclose individual taxpayer information. On this basis I cannot provide an answer to this question.

b) As above.

c) The amount of CUC paid is commercial in confidence.

4) The Lease Variation for the Manhattan Apartments was approved under Change of Use Charge (CUC).


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