Western Australia
Metropolitan Region Improvement Tax Amendment Act 2005
Western Australia
Metropolitan Region Improvement Tax Amendment Act 2005
CONTENTS
1. Short title 1
2. Commencement 2
3. The Act amended 2
4. Section 8 amended 2
9. Rate of tax imposed after 30 June following commencement of Planning and Development Act 20052
Western Australia
Metropolitan Region Improvement Tax Amendment Act 2005
No. 39 of 2005
An Act to amend the Metropolitan Region Improvement Tax Act 1959.
[Assented to 12 December 2005]
The Parliament of Western Australia enacts as follows:
1. Short title
This is the Metropolitan Region Improvement Tax Amendment Act 2005.
2. Commencement
This Act comes into operation on the day on which the Planning and Development Act 2005 comes into operation.
3. The Act amended
The amendments in this Act are to the Metropolitan Region Improvement Tax Act 1959*.
[* Reprint 3 as at 9 May 2003.]
4. Section 8 amended
(1) Section 8 is amended by inserting after “subsequent year of assessment” —
“
up to and including the year of assessment ending on 30 June immediately following the day on which the Planning and Development Act 2005 comes into operation
”.
(2) After section 8 the following section is inserted —
“
9. Rate of tax imposed after 30 June following commencement of Planning and Development Act 2005
For the year of assessment commencing on 1 July immediately following the day on which the Planning and Development Act 2005 comes into operation, and for each subsequent year of assessment, the rate of Metropolitan Region Improvement Tax imposed by this Act and payable under the Planning and Development Act 2005, is 0.15 cent for every dollar of the unimproved value of the land according to the valuation in force under the Valuation of Land
Act 1978 at midnight on 30 June in the previous financial year.
”.