Insurance Levy Legislation Repeal Act 2001 (ACT)

Insurance Levy Legislation Repeal Act 2001

An Act to repeal the Insurance Levy Act 1998 and the Insurance Levy Regulations, and for other purposes

[Notified in ACT Gazette No 16: 19 April 2001]

The Legislative Assembly for the Australian Capital Territory enacts as follows:

1. Name of Act

   This Act is the Insurance Levy Legislation Repeal Act 2001.

2. Commencement

3. Sections 1, 2 and 3 commence on the day this Act is notified in the Gazette.

4. Sections 4 and 5 commence on 1 July 2002.

5. An amendment in schedule 1 commences on the date mentioned (after ‘commencement:’) at the end of the amendment.

   Example

   An amendment in the schedule followed by ‘(commencement: 1 July 2001)’ indicates that the amendment commences on 1 July 2001.

6. Amended Acts

   Schedule 1 amends the Acts mentioned in it.

7. Repeal of Insurance Levy Act 1998

   The Insurance Levy Act 1998 No 32 is repealed.

8. Repeal of Insurance Levy Regulations

   The Insurance Levy Regulations (SL 1998 No 30) are repealed.

Schedule 1Amendments

(see s 3)

Part 1Duties Act 1999

[1.1]Section 175, definition of premium

omit

and includes any amount charged in respect of a levy paid or payable under the Insurance Levy Act 1998 in connection with insurance by an insurer or any other person

(commencement: 1 September 2001)

Part 2Insurance Levy Act 1998

[1.2]Section 6 (1) and (2)

omit

(commencement: 30 June 2001)

[1.3]Section 6 (3)

omit

(commencement: 1 May 2001)

[1.4]Section 6 (4)

omit

(commencement: 30 June 2001)

[1.5]Section 7

omit

(commencement: 30 June 2001)

[1.6]Section 10

omit

(commencement: 30 June 2001)

[1.7]Section 14

omit

(commencement: 30 June 2001)

[Presentation speech made in Assembly on 8 March 2001]

©  Australian Capital Territory 2001