Land Tax Management Act 1956
62TReview of thresholds
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62T Review of thresholds
62T Review of thresholds
(1) The Treasurer must review the tax threshold and the premium rate threshold to determine whether the thresholds continue to be appropriate in the circumstances.
(2) The review must be undertaken by 1 June 2027.
(3) A report on the outcome of the review must be tabled in each House of Parliament as soon as practicable after 1 June 2027.
s 62T: Ins 1992 No 84, Sch 1 (19). Rep 2000 No 106, Sch 3 [8]. Ins 2004 No 33, Sch 2.2 [10]. Rep 2005 No 42, Sch 3 [2]. Ins 2023 No 26, Sch 3[1]. Subst 2024 No 38, Sch 4[6].