Victorian Numbered Acts

BUILDING A BETTER VICTORIA (STATE TAX AND OTHER LEGISLATION AMENDMENT) ACT 2014 (NO. 40 OF 2014) - SECT 1

The main purposes of this Act are—

        (a)     to amend the Duties Act 2000 —

              (i)     to abolish life insurance duty and make amendments to general insurance duty; and

              (ii)     to increase the rates of duty on the registration and transfer of vehicles; and

        (b)     to amend the First Home Owner Grant Act 2000 to permit the disclosure of certain information to particular persons for specified purposes; and

        (c)     to amend the Land Tax Act 2005 —

              (i)     in relation to the determination of the taxable value of land; and

              (ii)     to make miscellaneous amendments in relation to land held on trust; and

              (iii)     to make miscellaneous amendments in relation to primary production land; and

              (iv)     to provide that a person is not required to give notice of acquiring land if the acquisition is effected electronically; and

        (d)     to amend the Payroll Tax Act 2007 to reduce the rate of payroll tax; and

        (e)     to amend the Planning and Environment Act 1987 to impose a levy for the privilege of making certain planning permit applications; and

        (f)     to amend the Road Safety Act 1986 to increase the fee payable for registration or renewal of registration of a motor vehicle or trailer; and

        (g)     to amend the Taxation Administration Act 1997 to permit the disclosure of taxation information to particular persons for specified purposes and in connection with the administration or execution of a law of another State or Territory that corresponds to the First Home Owner Grant Act 2000 .