Victorian Numbered Acts

STATE TAXATION ACTS FURTHER AMENDMENT ACT 2011 (NO. 69 OF 2011)

TABLE OF PROVISIONS

   PART 1--PRELIMINARY

   1.      Purposes  
   2.      Commencement  

   PART 2--PAYROLL TAX ACT 2007

   3.      Non-profit organisations  
   4.      Maternity and adoption leave  

   PART 3--DUTIES ACT 2000

           Division 1--Reduction in time available for payment of duty
           Subdivision

           1--Transactions concerning dutiable property
   5.      Necessity for written instrument or written statement  
   6.      Lodging instrument or statement with Commissioner  
   7.      When must duty be paid—transactions concerning dutiable property  
   8.      Interdependent sale of land and business goods  
   9.      Liability for duty if residence requirement not complied with  
   10.     Liability for duty if primary production requirement not complied with  
   11.     Anti-avoidance provision—transactions concerning dutiable property  

              Subdivision 2--Certain
              transactions treated as transfers

   12.     Acquisition statements  
   13.     When must duty be paid—land rich duty  
   14.     Re-purchase facilities—widely held trusts  
   15.     Disqualifying circumstances for certain unit trust schemes  
   16.     Sale of private unit trust scheme through conversion to public unit trust scheme  
   17.     Anti-avoidance provision—land rich duty  
   18.     When must duty be paid—capital reductions or rights alterations  
   19.     When must duty be paid—allotment of shares by direction  
   20.     Acquisition of shares by allotment  
   21.     When must duty be paid—acquisition of land use entitlements by allotment of shares or issue of units  
   22.     Acquisition of land use entitlement  

              Subdivision 3--Financial
              sector (transfers of business)

   23.     Statement of transfer of property  

              Subdivision 4--Corporate
              reconstructions

   24.     Interest  

           Division 2--Miscellaneous amendments

   25.     Change in trustees  
   26.     Eligible pensioner exemption or concession where dwelling exists at the time of transfer  

   PART 4--LAND TAX ACT 2005

           Division 1--Time-sharing schemes

   27.     Definitions  
   28.     New section 18A inserted  
   29.     New section 46AA inserted  

           Division 2--Primary production land

   30.     Definitions  
   31.     Definitions—primary production land  
   32.     Exemption of primary production land in an urban zone in Greater Melbourne  
   33.     Parcels of land  

           Division 3--Valuations

   34.     Definitions  
   35.     Taxable value of land  
   36.     Use of valuations  

   PART 5--TAXATION ADMINISTRATION ACT 1997

   37.     Definitions  
   38.     Meaning of taxation laws  
   39.     Objection  
   40.     Grounds for objection  
   41.     Referral to Tribunal  

   PART 6--LIVESTOCK DISEASE CONTROL ACT 1994

   42.     Cattle Compensation Fund  
   43.     Sheep and Goat Compensation Fund  
   44.     Swine Compensation Fund  
   45.     Amendment of heading to Part 6  
   46.     New section 107D inserted  
   47.     Statute law revision  

   PART 7--VALUATION OF LAND ACT 1960

   48.     Definitions  
   49.     Functions of valuer-general  
   50.     Use of valuation by another rating authority other than a council  
   51.     Council to provide valuation to valuer-general  
   52.     Fees for copy of valuation  
   53.     New section 11 substituted  
   54.     Council valuations  
   55.     Valuation authority to make supplementary valuation on behalf of council  
   56.     Section 13DI repealed  
   57.     Notice of valuation  
   58.     Who may object?  
   59.     Time for lodging objection  
   60.     Determination of objection  

   PART 8--REPEAL

   61.     Repeal of amending Act  
           ENDNOTES