Victorian Consolidated Legislation

Project Development and Construction Management Act 1994 - SECT 26

Exemption from taxes, rates, charges etc.

26. Exemption from taxes, rates, charges etc.



(1) Despite anything to the contrary in any Act or law, the Treasurer, on the
recommendation of the responsible Minister, may by instrument-

   (a)  totally or partially exempt any land, document or transaction relating
        to a nominated project from any duty, rate, tax, or charge levied
        under any other Act or law; or

   (b)  defer the payment of the whole or part of any duty, rate, tax or
        charge levied under any other Act or law on any land, document or
        transaction relating to a nominated project.

(2) An exemption or deferral must state the time for which it operates and may
be subject to any conditions specified in the instrument of exemption or
deferral.

(3) The responsible Minister must obtain the written consent of the person or
body responsible for levying a duty, rate, tax or charge (other than one
payable into the Consolidated Fund) before making a recommendation under
subsection (1) in relation to that duty, rate, tax or charge.