Financial Institutions Duty (Validation) Act 1994 (ACT)

Financial Institutions Duty (Validation) Act 1994  (repealed) 

A1994-35

Republication No 2

Effective:  2 July 2001

Republication date: 29 October 2008

As repealed by A2000-34 s 31

Unauthorised version prepared by ACT Parliamentary Counsel's Office

About this republication

The republished law

This is a republication of the Financial Institutions Duty (Validation) Act 1994 (repealed) effective 2 July 2001. 

Kinds of republications

The Parliamentary Counsel’s Office prepares 2 kinds of republications of ACT laws (see the ACT legislation register at type="disc">

authorised republications to which the Legislation Act 2001 applies

unauthorised republications.

The status of this republication appears on the bottom of each page.

financial institutions duty (validation) act 1994

This consolidation has been prepared by the ACT Parliamentary Counsel’s Office

TABLE OF PROVISIONS

Section

1.Short title

2.Commencement

3.Interpretation

4.Validation

An Act to validate the imposition and recovery of financial institutions duty in respect of certain past short-term dealings

Short title

1.  This Act may be cited as the Financial Institutions Duty  (Validation) Act 1994.1

Commencement

2.  This Act commences on the day on which it is notified in the Gazette.1

Interpretation

3.  Words or phrases in this Act that are also in the Financial Institutions Duty Act 1987 have the same respective meanings as they have in that Act.

Validation

4.  The Financial Institutions Duty Act 1987 and the Taxation (Administration) Act 1987 have effect, and shall be taken to have had effect, for all purposes in relation to the period that commenced on 1 November 1992 and ended at the expiration of 16 May 1994 as if the references in section 11 and subsection 15 (2) of the first-mentioned Act to a rate determined by the Minister were references to a rate of 0.005 of a cent in the dollar.

NOTE

1.  Act No. 35, 1994; notified in the ACT Gazette on 28 June 1994; commenced on 28 June 1994, repealed by Financial Relations Agreement Consequential Amendments Act 2000 A2000-34 s 31 on 1 July 2001 (s 2 (2)).