Victorian Legislation and Parliamentary Documentsi
Version No. 001
Western Port (Steel Works Rating) Act 1972
Act No. 8290/1972
Version as at 24 February 2003
TABLE OF PROVISIONS
Section Page
Short title 2
Definition 2
Provisions concerning rates to be levied on land by Hastings
Shire Council 2
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ENDNOTES 5
General Information 5
Table of Amendments 6
Explanatory Details 7
Victorian Legislation and Parliamentary Documents1
Version No. 001
Western Port (Steel Works Rating) Act 1972
Act No. 8290/1972
Version as at 24 February 2003
An Act to make Provision with respect to the Rates to be Levied
by the President Councillors and Ratepayers of the Shire of
Hastings on certain Land in the said Shire and for other
purposes.
Preamble
WHEREAS by an agreement made on the 19th day
of December, 1969 between the Honourable Sir
Henry Edward Bolte in his capacity as Premier of
the State of Victoria and John Lysaght (Australia)
Limited certain provision was made with respect to
the establishment of a fully integrated steel works
by the company at Western Port:
AND WHEREAS the agreement was ratified by
the Western Port (Steel Works) Act 1970:
AND WHEREAS the establishment of an
integrated steel works is a matter of importance to
the State of Victoria:
AND WHEREAS the Government appointed an
independent committee to investigate a proposal by
John Lysaght (Australia) Limited that an
agreement should be made with respect to the
amount of the municipal rates to be paid on the
land upon which the proposed steel works are to be
built:
AND WHEREAS the committee made its report
on the 22nd December, 1970:
AND WHEREAS it is expedient that provision as
to such rates be made by Parliament in the light of
the report:
Victorian Legislation and Parliamentary DocumentsAct No. 8290/1972
Western Port (Steel Works Rating) Act 1972
2
BE IT THEREFORE ENACTED by the Queen's Most
Excellent Majesty by and with the advice and consent of the
Legislative Council and the Legislative Assembly of Victoria
in this present Parliament assembled and by the authority of
the same as follows (that is to say):
Short title
This Act may be cited as the Western Port (Steel
Works Rating) Act 1972.
Definition
(1) In this Act "the land" means the land described
in the First and Second Schedules to the
agreement set out in the Schedule to the Western
Port (Steel Works) Act 1970.
(2) Unless inconsistent with the context or subject-
matter words and expressions used in this Act
have the meaning respectively assigned to them in
the Local Government Act 1958.
Provisions concerning rates to be levied on land by
Hastings Shire Council
(1) The provisions of this section shall have effect in
relation to any rates levied in respect of the land
by the Council of the Shire of Hastings.
(2) The provisions of the Local Government Act
1958 and the Valuation of Land Act 1960 shall
apply in relation to the valuation of the land for
rating purposes but in estimating the net annual
value of the land any improvements being plant
machinery or equipment (other than cranes
attached to or in buildings) whether affixed to the
land or not shall be disregarded.
(3) The rates shall be made and levied in accordance
with the provisions of the Local Government Act
1958 but—
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Western Port (Steel Works Rating) Act 1972
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(a) where the rates in any year are made and
levied solely on the net annual value of
rateable property in the municipal district––
if the amount of the rates which but for
this paragraph would be payable in
respect of the land in any year is less
than the amount for that year as set out
in the following table the amount
payable will be the amount in the table;
TABLE
Year ending on the
30th September
Amount
$
1973 190,000
1974 255,000
1975 320,000
1976 385,000
1977 450,000
1978 515,000
1979 580,000
1980 645,000
1981 710,000
1982 775,000
1983 and each
year thereafter
840,000;
(b) where the rates in any year are made and
levied partly on the net annual value and
partly on the unimproved capital value or site
value of the rateable property in the
municipal district—
if the rates which would but for this
paragraph be payable in respect of the
land in any year are less than an amount
which bears the same proportion to the
amount shown opposite that year in the
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Victorian Legislation and Parliamentary DocumentsAct No. 8290/1972
Western Port (Steel Works Rating) Act 1972
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table in paragraph (a) as the total
amount of rates levied by the Council
in that year on the net annual value of
rateable property in the municipal
district bears to the total amount of
rates levied by the Council in that year
in respect of the said rateable
property—
the amount payable will be the amount
which bears that same proportion.
(4) If, for any reason which appears to the Minister to
be beyond the control of the Company—
(a) a cold strip steel mill is not ready for
operation on the land before the 1st day of
January, 1975;
(b) a hot strip steel mill is not ready for
operation on the land before the 1st day of
January, 1980; or
(c) a full integrated steel works plant is not
ready for operation before the 1st day of
January, 1985—
and no agreement has been made pursuant to
section 811BA of the Local Government Act
1958 between the said Council and the Company
with respect to the land, the Minister shall appoint
a committee consisting of a barrister and solicitor
of the Supreme Court of Victoria nominated by
the President of the Law Institute of Victoria (who
shall be chairman), a person nominated by the
Council, and a person nominated by the Company
to make recommendations as to what (if any)
amendments should be made to this section.
(5) The Council may cause a supplementary valuation
of the land to be made at any time.
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Western Port (Steel Works Rating) Act 1972
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ENDNOTES
General Information
The Western Port (Steel Works Rating) Act 1972 was assented to on
13 May 1972 and came into operation on 13 May 1972.
Endnotes
Victorian Legislation and Parliamentary DocumentsAct No. 8290/1972
Western Port (Steel Works Rating) Act 1972
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2. Table of Amendments
There are no amendments made to the Western Port (Steel Works Rating)
Act 1972 by Acts and subordinate instruments.
Endnotes
Victorian Legislation and Parliamentary DocumentsAct No. 8290/1972
Western Port (Steel Works Rating) Act 1972
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3. Explanatory Details
No entries at date of publication.
Endnotes