Australian Capital Territory Numbered Acts

RATES AMENDMENT ACT 2015 (NO. 44 OF 2015) - SECT 40F

The following provisions expire 15 years after the day this section commences:

        (a)     section 14 (3), definition of "AUV", paragraph (b);

        (b)     part 5A;

        (c)     schedule 1, section 1.1 (3), definition of "AUV", paragraph (b);

        (d)     dictionary, definitions of "airport land", Canberra Airport , development index and growth index .

6     Levies
Schedule 1, section 1.1 (3), definition of AUV

substitute

"AUV" means—

        (a)     the average unimproved value of the parcel; or

        (b)     for airport land—the AUV of airport land worked out under section 40C.

7     Dictionary, new definitions

insert

"airport land"—see section 40B.

"Canberra Airport", for part 5A (Airport land)—see section 40A.

"development index", for part 5A (Airport land)—see section 40D.

"growth index", for part 5A (Airport land)—see section 40E.