The State Taxation and Financial Legislation Amendment Bill 2013 (Vic) has passed the Victorian Legislative Assembly without amendment and has moved to the Legislative Council.
- It amends the Duties Act 2000 (Vic) to make provision for dutiable transactions effected electronically by means of an Electronic Lodgment Network, an online facility for the electronic conveyance of land that is scheduled for release in Victoria in 2014.
- It also amends the Taxation Administration Act 1997 (Vic) to authorise disclosures of information made in connection with the provision or use of an Electronic Lodgment Network.
- The Bill also amends the Land Tax Act 2005 (Vic) to, among other things, extend the principal place of residence exemption to land owned by the trustee of a special disability trust that is used as the primary residence of the principal beneficiary of the special disability trust.
[LTN 212, 1/11/13]
Passed all stages and awaits Royal Assent
The State Taxation and Financial Legislation Amendment Bill 2013 (Vic) has passed all stages without amendment and awaits Assent.
[LTN 220, 13/11/13]
Act gets Royal Assent
The Victorian State Revenue Office (SRO) has advised that the State Taxation and Financial Legislation Amendment Bill 2013 (Vic) has on Tue 19.11.2013, received Royal Assent.
[LTN 224, 19/11/13]