Stamp Duty (Exemption) Regulations (NT)

NORTHERN TERRITORY OF AUSTRALIA

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This reprint shows the Regulations as in force at 8 December 1993.  Any amendments that may come into operation after that date are not included.

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STAMP DUTY (EXEMPTION) REGULATIONS

Regulations under the Stamp Duty Act

1. Citation

   These Regulations may be cited as the Stamp Duty (Exemption) Regulations.  (See back note 1)

2. Interpretation

   In these Regulations, unless the contrary intention appears –

   "Act" means the Stamp Duty Act;

   "Commissioner" means the Commissioner of Taxes appointed under the Taxation (Administration) Act;

   "motor vehicle trader" means a person who in the opinion of the Commissioner is engaged principally in the trade or business of buying and selling motor vehicles.

3. Exemption of motor vehicle traders

   For the purposes of section 6(13) of the Act, a motor vehicle trader is exempt from liability to pay duty under Item 16 of Schedule 1 of the Act in respect of motor vehicles acquired by the motor vehicle trader for the purpose of resale by him in the ordinary course of his business.

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Notes

1. The Stamp Duty (Exemption) Regulations, in force under the Stamp DutyAct, comprise the Regulations 1978, No. 30 as amended by the other Regulations and Acts specified in the following table:

Year and number	Date made	Date notified in the Gazette	Date of commencement
1978, No. 30	20 Oct 1978	27 Oct 1978	27 Oct 1978
1981, No. 25	2 Sept 1981	3 Sept 1981	1 Sept 1981 (a)
1982, No. 35	3 June 1982	11 June 1982	11 June 1982
1984, No. 47	13 Aug 1984	22 Aug 1984	22 Aug 1984
Act No. 21, 1990	7 June 1990	–	1 Jan 1991
1993, No. 46	30 Nov 1993	8 Dec 1993	8 Dec 1993

(a)            Regulation 1 of the Regulations 1981, No. 25 provides as follows:

"These Regulations shall be deemed to have come into operation on 1 September 1981."

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Table of Amendments

Regulation

1. Repealed by 1993, No. 46

2. Added by 1981, No. 25; substituted by 1982, No. 35; 1984, No. 47; repealed by Act No. 21, 1990, s. 6

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