Australian Capital Territory Numbered Regulations

LAND (PLANNING AND ENVIRONMENT) REGULATIONS (NO. 5 OF 1992) - SCHEDULE 3

    SCHEDULE 3     Subregulations 14 (3) and (4)

RATES OF REMISSION FOR CALCULATION OF BETTERMENT CHARGE

TABLE 1: FULL CHARGE GRANT

Column 1 Range of years	Column 2 Remission rate
	(% of added value)
Less than 5	Nil
Not less than 5 but less than 6	05
Not less than 6 but less than 7	08
Not less than 7 but less than 8	11
Not less than 8 but less than 9	14
Not less than 9 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	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	Nil
Not less than 10 but less than 20	05
20 and over	10