Elect to defer the GAIC
The growth areas infrastructure contribution (GAIC) is a contribution on certain land in the growth areas of metropolitan Melbourne. GAIC may apply if your land is in:
- Whittlesea, or
You may elect to defer payment of GAIC in respect of dutiable transactions relating to land. You must apply to defer before the day on which the GAIC is due to be paid. You can apply by completing an online Smartform. Alternatively, you can phone us on 13 21 61 or contact us online.
What type of certificate should I apply for?
For a significant acquisition, all persons who are jointly and severally liable for the GAIC payment must agree to defer. Because only one person can complete the Smartform, an election to defer will be taken to have been made by all persons who are jointly and severally liable for the GAIC payment for that acquisition.
Prepare your information
The following information is needed to complete the Growth Areas Infrastructure Contribution Consolidated Form (GAIC-Form-02), but refer to the form for specific instructions:
- Your contact details including residential address, mailing address, phone number and email address.
- Your relationship with the land (as the owner, owner’s representative, land buyer, land buyer’s representative, or involved in the significant acquisition of an interest in the landholder).
- Details of the land, including address, lot number, plan number and municipality.
- If the applicant for the certificate is not the owner of the land, the owner’s details.
- Confirmation of whether the applicant has ownership (either full or part) in the land.
- The percentage amount of the GAIC payment you are seeking to defer.
- If a GAIC event has or will occur, the type of GAIC event, the date it happened and the amount of the GAIC liability.
If the GAIC event is due to a significant acquisition, you need to provide the following information:
- Details of the landholder including, registered address, ABN (for all companies) and Australian Registered Scheme Numbers (for all unit trusts).
- Details of the significant acquisition, including:
- The date the significant acquisition was made.
- Whether the significant acquisition was a result of a single acquisition, an aggregation of acquisitions or an acquisition of a remaining interest in the landholder.
- The percentage of the significant interest that the applicant acquired.
- If a landholder acquisition statement has been lodged, the date it was lodged.
If the GAIC event is a result of a significant acquisition you need to provide the following information if you have not already provided it when a landholder acquisition statement was lodged:
- A full copy of the share/unit sale agreement relating to the significant acquisition.
- A copy of the relevant certificate of title for every land held by the landholder in the contribution area at the date of the significant acquisition.
- A full copy of the landholder's historical register of all shares or unit holders.
- The landholder's statement of financial position (balance sheet) for the year immediately preceding the year in which the significant acquisition occurred.
Complete your application
The GAIC application form must be completed and submitted electronically.
This form can be used for purposes other than applying to defer a GAIC payment. Please complete each mandatory section.
Once you have provided all the relevant information, you must acknowledge the information you have provided is true and correct. To do this, you must provide:
- the name of the signatory,
- their position and organisation, and
- signature date stamp (this appears automatically when the information field is activated).
The ‘save for later’ button on the form allows you to save your form to complete at a later date.
Once you have submitted your form, you have the opportunity to download a copy for your records.
We use all the information in the application to update our records and may, where we are authorised to do so, pass on the changes to other government agencies.
Please ensure you complete the percentage of GAIC liability to be deferred. Enter a percentage from 100 per cent to a lesser percentage amount.
If you have trouble submitting your application form, please contact our GAIC team on 13 21 61 or contact us online.
Attach supporting documents
Please ensure all relevant supporting documentation is attached via the online process and submitted electronically with your application.
Download and save the receipt
After you submit your application you will be directed to a receipt page.
Note your receipt number (beginning with 'GAIC-Form-02') and quote this number if you contact us about your application. Please save a copy of the receipt for your records.
We send a Certificate of Deferral to the email address you have provided in the SmartForm.
A Certificate of Deferral cannot be generated until after settlement has occurred.
A deferred GAIC liability is due to be paid immediately before the date of the next GAIC event to occur in relation to the land.
Should less than 100 per cent of the liability be deferred, the proportion of the liability not deferred must to be paid to us within three months of the dutiable transaction taking place.
Failure to pay by the due date will result in the whole of the GAIC becoming immediately payable as if the election of the deferral had never been made. Interest and/or penalty tax may apply.
An exception to this is where the purchaser undertakes a subsequent deferral or there is a valid staged payment approval in place.
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