Australian Capital Territory Numbered Regulations

CITY AREA LEASES (BETTERMENT CHARGE ASSESSMENT) REGULATIONS (NO. 7 OF 1991) - SCHEDULE

    SCHEDULE     Subregulations 4 (2) and (4)

RATES OF REMISSION FOR CALCULATING BETTERMENT CHARGE

TABLE 1: FULL CHARGE GRANT

Column 1 Range of Years	Column 2 Remission Rate
	(% of “added value”)
less than 5 years	Nil
not less than 05 but less than 06	05
not less than 06 but less than 07	08
not less than 07 but less than 08	11
not less than 08 but less than 09	14
not less than 09 but less than 10	17
not less than 10 but less than 11	20
not less than 11 but less than 12	23
not less than 12 but less than 13	26
not less than 13 but less than 14	29
not less than 14 but less than 15	32
not less than 15 but less than 16	35
not less than 16 but less than 17	38
not less than 17 but less than 18	41
not less than 18 but less than 19	44
not less than 19 but less than 20	47
20 and over	50

TABLE 2: CONCESSIONAL CHARGE GRANT

Column 1 Range of Years	Column 2 Remission Rate
	(% of “added value”)
less than 10 years	Nil
not less than 10 but less than 20	10
20 and over	20

TABLE 3: GRANT FREE OF CHARGE

Column 1 Range of Years	Column 2 Remission Rate
	(% of “added value”)
less than 10 years	Nil
not less than 10 but less than 20	05
20 and over	10