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4

Supporting information

Legislation enacted in
2007–08

Revenue Measures Act 2007 (No 18 of 2007)

This Act provided for amendments to the Duties Act 2001 and the Vehicle and Traffic Act 1999 to implement taxation reform arrangements announced in the 2007–08 Budget. The Act reduced vehicle registration transfer duty for purchasers of heavy vehicles from three per cent of the dutiable value of the vehicle to one per cent and reduced motor tax for light vehicle owners by 21 per cent

Charter of Budget Responsibility Act 2007 (No 35 of 2007)

This Act enhances the accountability of current and future governments to both Parliament and the community by improving the transparency of fiscal policy and financial management within the State.

Gaming Control Amendment Act 2007 (No 70 of 2007)

This Act facilitated amendments to the Gaming Control Act 1993 to align taxation arrangements for sports betting under a Tasmanian Gaming Licence so that the same taxation rate applies, irrespective of whether the wager originated from Australia or overseas.

Local Government (Rates and Charges Remissions) Amendment Act 2007 (No 71 of 2007)

This Act simplified the application process for a rates remission and provided the ability to grant retrospective rates remissions, limited to one year only. The legislative changes took effect from 1 July 2008.

Legislation Repeal Act 2008 (No 5 of 2008)

This Act repealed over 100 Acts and nearly 200 pieces of subordinate legislation that had been identified as being no longer necessary. While most of the Acts repealed were amendment Acts, there were over 20 principal Acts removed from Tasmania's statute book.

Liquor Licensing Amendment Act 2008 (No 7 of 2008)

This Act amended the Liquor Licensing Act 1990 to strengthen the penalty provisions and measures to control the consumption of alcohol, as well as administrative amendments to improve its efficiency and effectiveness.

Taxation and Related Legislation (Miscellaneous Amendments) Act 2008 (No 8 of 2008)

This Act facilitated amendments to a range of taxation Acts to clarify the original policy intent of provisions, delete redundant provisions, make adjustments to administrative practices and to ensure continued consistency with comparable Acts of other jurisdictions.

Water and Sewerage Corporations Act 2008 (No 12 of 2008)

This Act provides for the vesting of water and sewerage assets, liabilities and employees – currently within councils and bulk water authorities – in four new businesses; three regional corporations (based on the geographic regions of the south, north and north-west) and a common services corporation.

Water and Sewerage Industry Act 2008 (No 13 of 2008)

This Act provides for the establishment of enhanced regulatory arrangements for Tasmania's water and sewerage sector.

Consolidated Fund Appropriation (Supplementary Appropriation for 2007–08) Act 2008 (No 15 of 2008)

This Act allocated funds to the Government's Infrastructure Tasmania Fund, Hospitals Capital Fund and Housing Fund, as well as providing capital funds for the replacement of the Bridgewater High School.

Payroll Tax Act 2008 (No 16 of 2008)

The Payroll Tax Act 2008 repealed the Pay-roll Tax Act 1971 and implemented new payroll tax legislation and administration arrangements that are harmonised with those of New South Wales, Victoria and Queensland.

Legislation administered by Treasury

As at 30 June 2008, Treasury administered 67 pieces of legislation, either in whole or in part.

Anzac Day Observance Act 1929

Business Undertakings Assistance Act 1984

Cascade Brewery Co. Ltd (Shareholders Trust) Act 1980

Charter of Budget Responsibility Act 2007

Commonwealth and State Statistical Agreement Act 1924

Commonwealth Bank (Interpretation) Act 1954

Commonwealth Places (Mirror Taxes Administration) Act 1999

Competition Policy Reform (Tasmania) Act 1996

Consolidated Fund Appropriation Act (No 1) 2007

Consolidated Fund Appropriation Act (No 2) 2007

Consolidated Fund Appropriation (Supplementary Appropriation for 2007-08) Act 2007

Department of Treasury and Finance     Annual Report 2007–08
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