Stamp Duties Variation Regulations 2003 (SA)

South Australia

Stamp Duties Variation Regulations 2003

under the Stamp Duties Act 1923

Contents

Part 1—Preliminary

1. Short title

2. Commencement

3. Variation provisions

Part 2—Variation of Stamp Duties Regulations 2002 (Gazette 15.8.2002 p 3070)

1. Substitution of Part 2

   Part 2—Recognised financial markets

   5Recognised financial markets

Part 1—Preliminary

1—Short title

These regulations may be cited as the Stamp Duties Variation Regulations 2003.

2—Commencement

These regulations will come into operation when the Statutes Amendment (Corporations—Financial Services Reform) Act 2002 comes into operation.

3—Variation provisions

In these regulations, a provision under a heading referring to the variation of specified regulations varies the regulations so specified.

Part 2—Variation of Stamp Duties Regulations 2002 (Gazette 15.8.2002 p 3070)

4—Substitution of Part 2

Part 2—delete the Part and substitute:

Part 2—Recognised financial markets

5—Recognised financial markets

The following financial markets are brought within the ambit of the definition of recognised financial market in section 2 of the Act:

(a)financial markets operated by the Stock Exchange of Newcastle Limited;

(b)financial markets operated by the Bendigo Stock Exchange Limited;

(c)financial markets operated by stock exchanges that are members of the Fédération Internationale des Bourses de Valeurs.

Note—

As required by section 10AA(2) of the Subordinate Legislation Act 1978, the Minister has certified that, in the Minister's opinion, it is necessary or appropriate that these regulations come into operation as set out in these regulations.

Made by the Governor

with the advice and consent of the Executive Council

on 10 July 2003

No 162 of 2003