Financial Institutions Duty Amendment Regulations (No. 2) 2000
I, the Governor in and over the State of Tasmania and its Dependencies in the Commonwealth of Australia, acting with the advice of the Executive Council, make the following regulations under the Financial Institutions Duty Act 1986 .
28 June 2000G. S. M. GREEN
Governor
By His Excellency's Command,
DAVID CREAN
Treasurer
These regulations may be cited as the Financial Institutions Duty Amendment Regulations (No. 2) 2000 .
These regulations take effect on the day on which their making is notified in the Gazette.
In these regulations, the Financial Institutions Duty Regulations 1986 are referred to as the Principal Regulations.
4. Regulation 5 amended (Certain receipts non-dutiable)
Regulation 5 of the Principal Regulations is amended as follows:(a) by omitting from paragraph (k) "Commonwealth." and substituting "Commonwealth;";(b) by inserting after paragraph (k) the following paragraphs:(l) a receipt of a first home owner grant by a financial institution for payment under the First Home Owner Grant Act 2000 ;(m) the credit of a first home owner grant to an account kept in the name of the applicant for that grant.
Displayed and numbered in accordance with the Rules Publication Act 1953.
Notified in the Gazette on 30 June 2000
These regulations are administered in the Department of Treasury and Finance.
EXPLANATORY NOTE
(This note is not part of the regulation)
These regulations amend the Financial Institutions Duty Regulations 1986 by providing that –(a) a receipt of a first home owner grant by a financial institution for payment under the First Home Owner Grant Act 2000 is non-dutiable; and(b) the credit of a first home owner grant to an account kept in the name of the applicant for that grant is non-dutiable.