Application of new s 73DD in relation to annual payments made before commencement
333 Application of new s 73DD in relation to annual payments made before commencement
New section 73DD applies in relation to the annual payment as if it were an amount paid to the local government under new section 73DA(2).
However, the local government is taken to have complied with new section 73DD(1) in relation to an entity if, before the commencement—
1 or more rate notices issued to the entity by the local government, after receiving the annual payment, included a statement of the matters mentioned in former section 73D(4) in relation to the payment; or
the local government informed the entity of the amount paid and the purpose of the annual payment as mentioned in former section 73D(5).
This Act’s bill:Explanatory memorandumSecond reading speech
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