Housing (Freeholding of Land) Regulation 2017

View - Queensland Legislation - Queensland Government Skip to main content Site header Glossary --> About Site map Related links Contact us Help Search Toggle navigation Site navigation Home In force legislation Acts as passed SL as made Bills Repealed legislation Legislative tables Notifications Information Historical information Search Feedback Glossary --> About Site map Related links Contact us Help Table Of Contents Toggle navigation View whole SL Authorising Act Turn history notes on Legislative history Search SL PDF A Results: match 0 of 0 provisions Previous Hit Next Hit Return to search results 0 hits in page: First Last Housing (Freeholding of Land) Regulation 2017 Housing (Freeholding of Land) Regulation 2017 1 Short title This regulation may be cited as the Housing (Freeholding of Land) Regulation 2017 . 2 Commencement This regulation commences on 1 September 2017. 3 Requirements for working out declared percentage— Act , s 3A For section 3A (2)(b) of the Act , the declared percentage must be— (a) if the equitable percentage is more than 0% but not more than 60%—60%; or (b) if the equitable percentage is more than 60% but not more than 74%—equal to the equitable percentage; or (c) if the equitable percentage is more than 74% but not more than 100%—75%; or (d) if the equitable percentage is more than 100%—the equitable percentage minus 25%, up to a maximum of 100%. 4 Calculating equitable percentage For section 3 , the equitable percentage is the percentage calculated, to 2 decimal places, using the following formula— where— A means the annual land rental percentage equal to— (a) if a percentage is prescribed under a regulation for the Housing Act 2003 , section 136 —the prescribed percentage; or (b) otherwise—3%. B means the Treasury indexed bond real yield rate, published from time to time by the Reserve Bank of Australia, for bonds with a maturity date of— (a) if the declared percentage is declared on or before 30 September 2020—September 2025; or (b) if the declared percentage is declared after 30 September 2020—September 2030. EP means the equitable percentage. Example— If A is 3% and the Treasury indexed bond real yield rate is 2.5%, the equitable percentage is 120%. from top.html --> Site footer Copyright Disclaimer Privacy Right to information --> Accessibility Jobs in Queensland Government Other languages © The State of Queensland (Office of the Queensland Parliamentary Counsel) 2014-2026 (Ver. 2.7.30-7865 Rev. ) Queensland Government -->