Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Wednesday, 16 December 1914

In Committee:(Consideration resumed from 15th December, vide page 1888).

Clause 2 -

Section 29 of the Land Tax Assessment Act 1910-1912 is amended by omitting all words after the words " perpetual lease " and inserting in their stead the words"or a lease with a right of purchase or a lease of land to be used for pastoral grazing or cultivation purposes or a homestead lease or a mining lease) shall not be liable to assessment or taxation in respect of the estate, and the owner of a leasehold estate under any such laws for a term not greater than one year certain shall not be so liable:

Provided that in the assessment of the unimproved value of a lease the value of any metals or minerals or other rights reserved to the Crown shall be excluded."

Section proposed to be amended -

29.   Notwithstanding anything in the last two preceding sections, the owner of a leasehold estate under the laws of a State relating to the alienation or occupation of Crown lands or relating to mining {not being a perpetual lease without revaluation ora lease with a right of purchase) shall not he liable to assessment or taxation in respect of the estate.







Suggest corrections