Australian Capital Territory Numbered Acts

RATES AND LAND TAX (AMENDMENT) ACT (NO. 2) 1992 (NO. 55 OF 1992) - SECT 12

12. After section 28A of the Principal Act the following section is inserted:

“28B. (1) Where the Commissioner is satisfied that it is just and equitable that interest on an amount overpaid by way of rates or land tax should be paid to the owner of a parcel of land, the Commissioner may cause interest—

        (a)     at a rate determined by the Minister by notice in the Gazette ; and

        (b)     calculated as from the date on which the overpayment was made or such later date as the Commissioner considers appropriate;

to be paid to the owner.

“(2) A notice under subsection (1) is a disallowable instrument for the purposes of section 10 of the Subordinate Laws Act 1989 .”.