Stamp Duties Amendment Regulations 2000
I, the Lieutenant-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 Stamp Duties Act 1931 .
26 July 2000W. J. E. Cox
Lieutenant-Governor
By His Excellency's Command,
D. E. Llewellyn
For and on behalf of the Treasurer
These regulations may be cited as the Stamp Duties Amendment Regulations 2000 .
These regulations take effect on the day on which their making is notified in the Gazette.
In these regulations, the Stamp Duties Regulations 1998 are referred to as the Principal Regulations.
4. Regulation 13 substituted
Regulation 13 of the Principal Regulations is rescinded and the following regulation is substituted:13. Exempt account: prescribed class of person
For the purpose of paragraph (n) of the definition of "exempt account" in section 71A(1) of the Act, the following are prescribed classes of persons:(a) the Auctioneers and Real Estate Agents Trust, continued in existence by the Auctioneers and Real Estate Agents Act 1991 ;(b) a person who holds a current card referred to in paragraph (b) of the definition of "exempt account" in section 71A(1) of the Act and to or in respect of whom a direct credit is made under the A New Tax System (Family Assistance) Act 1999 of the Commonwealth into an account with an authorised deposit-taking institution.
Displayed and numbered in accordance with the Rules Publication Act 1953.
Notified in the Gazette on 31 July 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 Stamp Duties Regulations 1998 (S.R. 1998, No. 139) to provide that certain accounts to which direct credit is made under the A New Tax System (Family Assistance) Act 1999 of the Commonwealth are exempt accounts for the purposes of the payment of duty under Division 6A of Part IV of the Stamp Duties Act 1931 .