Sch 3Transitional provisions

Schedule 3—Transitional provisions 1 Definitions In this Schedule— ***commencement day*** means 1 January 2006; ***old Act*** means the **Land Tax Act 1958** as in force immediately before the commencement day. 2 Savings and transitional regulations The regulations may contain provisions of a savings and transitional nature consequent on the enactment of this Act. 3 Application of Interpretation of Legislation Act 1984 Except where the contrary intention appears, this Schedule does not affect or take away from the **Interpretation of Legislation Act 1984**. 4 Continuation of old Act and regulations If a provision of the old Act continues to apply by force of this Schedule, the following provisions also continue to apply in relation to that provision— (a) any other provision of the old Act necessary to give effect to that continued provision; and (b) any regulation made under the old Act for the purposes of that continued provision. 5 Land tax capping for 2006 If, under clause 7.2 of the Second Schedule to the old Act, the duty of land tax payable for 2006 on the land of an owner would be a different amount from the amount of land tax payable under this Act as calculated by applying the rates in Table 1.1 in Schedule 1, the land tax payable under this Act on the land for 2006 is the amount calculated in accordance with clause 7.2 of the Second Schedule to the old Act. Sch. 3 cl. 5A inserted by No. 38/2006 s. 9.