Elect to defer GAIC

Background information

The growth areas infrastructure contribution (GAIC) is a contribution on certain land in the growth areas of metropolitan Melbourne. It applies to dutiable transactions or a significant acquisition in a landholder.

You can elect to defer a GAIC liability before the day on which it is due to be paid. 

For a significant acquisition, all persons who are jointly and severally liable for the GAIC payment must agree to defer. Only one person can complete the application form. By submitting the application to defer, all liable parties are taken to have agreed to the election.

Step 1: Prepare your information

You need the following information to complete the application form.

Applicant details

• 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).
• 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.

Land and GAIC details

• Details of the land, including address, lot number, plan number, volume, folio and municipality.
• The percentage 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.

Significant acquisition details (if applicable)

• 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.

Supporting documents for a significant acquisition (if not already provided)

• 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.

Step 2: Complete your application

The GAIC application form must be completed and submitted online.

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 is true and correct. To do this, provide:

• the name of the signatory
• their position and organisation
• 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 and return to it later.

Once you have submitted your form, you can download a copy for your records.

We use the information you provide to update our records and may share updates with other government agencies where authorised.

Enter the percentage of GAIC liability to be deferred. This can be 100% or a lesser percentage.

If you have trouble submitting your application form, contact our GAIC team on 13 21 61.

Step 3: Attach supporting documents

The following supporting documentation can be attached to your online statement in PDF or Word format:

• title histories
• contacts of sale
• cover letters
• copies of plans.

Attach all relevant supporting documents to your online application.

Step 4: 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.

Next steps

We send a Certificate of Deferral to the email address you have provided in the application form.

The certificate is generated after settlement.

A deferred GAIC liability must be paid before the next GAIC event occurs.

If you defer less than 100% of the liability, you must pay the proportion not deferred within 3 months of the dutiable transaction.

If you do not pay by the due date, the full GAIC amount becomes immediately payable as if no deferral had been made. Interest and penalty tax may apply.