Revenue Laws Amendment Bill (No. 2) 1996 (Qld)

Queensland

REVENUE LAWS AMENDMENT BILL (No. 2)

REVENUE LAWS AMENDMENT BILL

(No. 2) 1996

TABLE OF PROVISIONS

Section Page

onan 11 131517 PART 1—PRELIMINARY

Short title 2.2... eee eee 4 Commencement ......... 0.0.0 eee eee 4 PART 2—AMENDMENT OF DEBITS TAX ACT 1990 Act amended in pt2 ......... 0... eee 4 Amendment of sch 2 (Modifications of Commonwealth Act)........... 4 PART 3—AMENDMENT OF LAND TAX ACT 1915

Act amended in pt3 2... .. cece cece eect eee ene 8 Amendment of long title... 0... 0... eee eee eee 9 Amendment of s 3 (Definitions) .............. 0.000.000.0002 eee eee 9 Insertion of news 3AA 2.2... eee 9 3AA Meaning of "averaged unimproved value" .................04- 10 Amendment of s 8 (Land tax on unimproved value) .................. 10 Amendment of s 11 (Taxable value) ......... 0.20.00... cece eee eee 11 Amendment of s 11B (Provisions relating to land comprised in a

building units plan etc.). 2.0... eee 11 Amendment of s 11C (Deduction—home unit companies) ............. 11 Amendment of s 13 (Land exempted from tax) .................0000. 12 Amendment of s 16 (Taxpayer to furnish returns)..................... 12 Amendment of s 25 (Joint owners)... 2.00... 0.00.2 eee eee eee 12 Amendment of s 26C (Liability of owner who subdivides certain land)... 12 Amendment of s 27 (Appeal)... 0.2.0... eee eee eee 12 Insertion of new s 62.2... 6. eee eee 13 Revenue Laws Amendment (No. 2) 202325 2935

62 Application of certain amendments ..............0.0000 eee eee PART 4—AMENDMENT OF PAY-ROLL TAX ACT 1971 Act amended in pt4 ....... 0... eee Amendment of s 3 (Interpretation) ................0...0 00000022000. Insertion ofnews LIE... 2... ee eee ee 11E Avoidance arrangements involving employment agents ......... PART 5—AMENDMENT OF STAMP ACT 1894 Act amended in pt 5 2.1.2... ccc cece eect ene Amendment of s 2 (Definitions) ............. 0000s eee eee eee ee eee Amendment of s 2A (Meaning of "full unencumbered value") ..........