Stamp Duties and Taxes (Amendment) Act 1995 (ACT)

AUSTRALIAN CAPITAL TERRITORY

Stamp Duties and Taxes (Amendment)
Act 1995

No. 13 of 1995

An Act to amend the Stamp Duties and Taxes Act 1987

[Notified in ACT Gazette S135: 30 June 1995]

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

Short title

1.  This Act may be cited as the Stamp Duties and Taxes (Amendment) Act 1995.

Commencement

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

(2)  Section 4 commences on 1 July 1995.

Principal Act

3.  In this Act, “Principal Act” means the Stamp Duties and Taxes Act 1987.1

Insertion

4.  After section 60A of the Principal Act the following section is inserted:

Exemption—transfer from registration under the Interstate Road Transport Act 1985 of the Commonwealth to ACT registration

“60B.  (1)  Tax is not payable on the registration under the Motor Traffic Act of a vehicle that was, immediately before 1 July 1995, registered under the Commonwealth Act if—

(a)the registration is the first registration of the vehicle under the Motor Traffic Act after that date; and

(b)the person in whose name the vehicle is registered under the Motor Traffic Act—

(i)is the person in whose name the vehicle was registered under the Commonwealth Act; or

(ii)where the vehicle was registered under the Commonwealth Act in more than 1 person’s name—is 1 of those persons.

“(2)  In subsection (1)—

‘Commonwealth Act’ means the Interstate Road Transport Act 1985 of the Commonwealth.”.

NOTE

Principal Act

1. Reprinted as at 28 February 1995.

[Presentation speech made in Assembly on 1 June 1995]

©  Australian Capital Territory 1995