Australian
Capital Territory Tax (Sales of Marketable Securities)
No. 92 of 1972
An Act relating to the Imposition
of Tax in respect of certain Sales of certain Marketable Securities.
[Assented to 18 October 1972]
BE
it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of
Representatives of the Commonwealth of Australia, as follows:—
Short
title and citation.
1.—(1.) This Act may be cited as the Australian Capital Territory Tax (Sales of Marketable Securities) Act 1972.
(2.) The Australian
Capital Territory Tax (Sales of
Marketable Securities) Act 1969,
as amended by this Act, may be cited as the Australian
Capital Territory Tax (Sales of
Marketable Securities) Act 1969–1972.
Commencement.
2.This Act shall come into operation on the day on which
it receives the Royal Assent.
Rate
of tax.
3. Section 5 of the Australian
Capital Territory Tax (Sales of
Marketable Securities) Act 1969
is amended—
(a) by omitting from paragraph (a)the words “Five cents” and inserting in
their stead the words “Seven cents”; and
(b) by omitting from paragraph (b)the word “Twenty” and inserting in its
stead the word “Thirty”.
Application
of amendments.
4.