Sch. 1 2.1 Rate of land tax on transmission easements for 2007 Sch. 1 cl. 2.1 (Heading) amended by The rate of land tax on transmission easements for No. 22/2007 2007 is set out in Table 2.1. s. 7(3)(a). Sch. 1 cl. 2.1 amended by No. 22/2007 s. 7(3)(b). TABLE 2.1 Sch. 1 cl. 2.1 (Table 2.1) Column 1 Column 2 substituted by No. 38/2006 Taxable Taxable s. 8(3), value not value less Column 3 amended by Item less than than Rate of land tax No. 22/2007 s. 7(3)(c). $ $ 1. 0 200 000 Nil 2. 200 000 540 000 $200 and 02% of the taxable value that exceeds $200 000 3. 540 000 900 000 $880 and 05% of the taxable value that exceeds $540 000 4. 900 000 1 190 000 $2680 and 08% of the taxable value that exceeds $900 000 5. 1 190 000 1 620 000 $5000 and 12% of the taxable value that exceeds $1 190 000 6. 1 620 000 2 700 000 $10 160 and 18% of the taxable value that exceeds $1 620 000 7. 2 700 000 $29 600 and 5% of the taxable value that exceeds $2 700 000
Sch. 1 cl. 2.1 (Heading) amended by No. 22/2007 s. 7(3)(a). Sch. 1 cl. 2.1 amended by No. 22/2007 s. 7(3)(b). 2.1 Rate of land tax on transmission easements for 2007 The rate of land tax on transmission easements for 2007 is set out in Table 2.1. Sch. 1 cl. 2.1 (Table 2.1) substituted by No. 38/2006 s. 8(3), amended by No. 22/2007 s. 7(3)(c). Sch. 1 TABLE 2.1 Item Column 1 Taxable value not less than Column 2 Taxable value less than Column 3 Rate of land tax $ $ 1. 0 200 000 Nil 2. 200 000 540 000 $200 and 02% of the taxable value that exceeds $200 000 3. 540 000 900 000 $880 and 05% of the taxable value that exceeds $540 000 4. 900 000 1 190 000 $2680 and 08% of the taxable value that exceeds $900 000 5. 1 190 000 1 620 000 $5000 and 12% of the taxable value that exceeds $1 190 000 6. 1 620 000 2 700 000 $10 160 and 18% of the taxable value that exceeds $1 620 000 7. 2 700 000 $29 600 and 5% of the taxable value that exceeds $2 700 000