New South Wales Consolidated Acts

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WESTERN LANDS ACT 1901 - SECT 24

Calculation of rehabilitation rebate

24 Calculation of rehabilitation rebate

The rehabilitation rebate referred to in section 20 (1) is to be calculated for a rural holding as follows:

graphic
"S" represents the scaling factor for the financial year to which the rent relates.
"TR" represents the number of hectares in the holding on which, in the opinion of the Commissioner, managed rehabilitation is being carried out on a temporary basis (that is, for a period of 10 years or less), and "k11" represents an amount of money per hectare prescribed by the regulations for such land.
"PR" represents the number of hectares in the holding on which, in the opinion of the Commissioner, managed rehabilitation is being carried out on a permanent basis (that is, for a period of more than 10 years), and "k12" represents an amount of money per hectare prescribed by the regulations for such land.



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