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This is a Bill, not an Act. For current law, see the Acts databases.
Western Australia
Revenue Laws Amendment Bill (No. 3) 2008
CONTENTS
Part 1 -- Preliminary matters
1. Short title 2
2. Commencement 2
Part 2 -- Land Tax Act 2002 amended
3. Act amended 3
4. Section 5 amended 3
Part 3 -- Metropolitan Region
Improvement Tax Act 1959
amended
5. Act amended 4
6. Section 10 amended 4
002--1 page i
Western Australia
LEGISLATIVE ASSEMBLY
Revenue Laws Amendment Bill (No. 3) 2008
A Bill for
An Act to amend --
· the Land Tax Act 2002; and
· the Metropolitan Region Improvement Tax Act 1959.
The Parliament of Western Australia enacts as follows:
page 1
Revenue Laws Amendment Bill (No. 3) 2008
Part 1 Preliminary matters
s. 1
Part 1 -- Preliminary matters
1. Short title
This is the Revenue Laws Amendment Act (No. 3) 2008.
2. Commencement
5 This Act comes into operation as follows --
(a) Part 1 comes into operation on the day on which this Act
receives the Royal Assent;
(b) the rest of the Act is deemed to have come into
operation on 1 July 2008.
page 2
Revenue Laws Amendment Bill (No. 3) 2008
Land Tax Act 2002 amended Part 2
s. 3
Part 2 -- Land Tax Act 2002 amended
3. Act amended
This Part amends the Land Tax Act 2002.
4. Section 5 amended
5 In section 5 delete Table 7 and insert:
Table 7: Land tax rates for 2008/09 and subsequent
financial years
Unimproved value
of the land
Rate of land tax
Exceeding Not exceeding
($) ($)
0 300 000 Nil
300 000 1 000 000 0.09 cent for each $1 in excess
of $300 000
1 000 000 2 200 000 $630 + 0.47 cent for each
$1 in excess of $1 000 000
2 200 000 5 500 000 $6 270 + 1.22 cents for each $1
in excess of $2 200 000
5 500 000 11 000 000 $46 530 + 1.46 cents for each
$1 in excess of $5 500 000
11 000 000 $126 830 + 2.16 cents for each
$1 in excess of $11 000 000
page 3
Revenue Laws Amendment Bill (No. 3) 2008
Part 3 Metropolitan Region Improvement Tax Act 1959 amended
s. 5
Part 3 -- Metropolitan Region Improvement Tax
Act 1959 amended
5. Act amended
This Part amends the Metropolitan Region Improvement Tax
5 Act 1959.
6. Section 10 amended
In section 10 delete Table 2 and insert:
Table 2: Metropolitan Region Improvement Tax rates
10 for 2008/09 and subsequent years of assessment
Unimproved value
of the land Rate of Metropolitan Region
Exceeding Not exceeding Improvement Tax
($) ($)
0 300 000 Nil
300 000 0.14 cent for each $1 in excess
of $300 000
page 4
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