Duties Amendment Regulations 2001

Duties Amendment Regulations 2001

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 Duties Act 2001 .

10 September 2001

G. S. M. Green

Governor

By His Excellency's Command,

David Crean

Treasurer

1.   Short title

These regulations may be cited as the Duties Amendment Regulations 2001 .

2.   Commencement

These regulations take effect on the day on which their making is notified in the Gazette.

3.   Principal Regulations

In these regulations, the Duties Regulations 2001 are referred to as the Principal Regulations.

4.    Regulation 3 substituted

Regulation 3 of the Principal Regulations is rescinded and the following regulation is substituted:

3.   Interpretation

In these regulations –

Act means the Duties Act 2001 ;

commencement day means 1 July 2001;

former Act means the Stamp Duties Act 1931 .

5.    Regulation 5 inserted

After regulation 4 of the Principal Regulations , the following regulation is inserted:

5.   Savings and transitional provisions

(1)  An objection made on or after the commencement day to an assessment of duty payable under the former Act is to be determined in accordance with section 21 of the former Act.

(2)  An appeal made on or after the commencement day in relation to an assessment of duty payable under the former Act is to be determined in accordance with section 22 of the former Act.

Displayed and numbered in accordance with the Rules Publication Act 1953.

Notified in the Gazette on 19 September 2001

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 Duties Regulations 2001 by providing that objections or appeals made on or after 1 July 2001 in relation to assessments of duty payable under the Stamp Duties Act 1931 are to be determined under that Act.