(1) If a dutiable transaction that is liable to ad valorem duty under this Chapter is not effected by a written instrument, the transferee must make a written statement in a form approved by the Chief Commissioner.
(1) If a dutiable transaction is effected by more than one instrument, one instrument is to be stamped with the duty payable on the dutiable transaction and each other instrument is chargeable with duty of $10. Note— Instrument includes a written statement.(2) The duty chargeable in respect of a transfer of dutiable property made in conformity with an agreement for the sale or transfer of the dutiable property is $2 if the duty chargeable in respect of the agreement has been paid.
(1) The dutiable value of dutiable property that is subject to a dutiable transaction is the greater of:
(a) the consideration (if any) for the dutiable transaction (being the amount of a monetary consideration or the value of a non-monetary consideration), and (b) the unencumbered value of the dutiable property.
(1) What is a partition? For the purposes of this section, a partition occurs when property (some or all of which is dutiable property) that is held by persons jointly (as joint tenants or tenants in common) and beneficially is transferred or agreed to be transferred to one or more of those persons. (2) Single dutiable transaction For the purposes of this section and sections 16 and 18, a partition is taken to be a single dutiable transaction.
(1) The rate of duty chargeable on dutiable transactions in respect of marketable securities is 60 cents per $100, or part, of the dutiable value of the marketable securities.
(1) Liability for duty on an off the plan purchase agreement arises:
(a) on completion of the agreement, or (b) on the assignment of the whole or any part of the purchaser’s interest under the agreement, or (c) on the expiration of 12 months after the date of the agreement, whichever first occurs.
(1) In this section: new trustee means a trustee appointed in substitution for a trustee or a trustee appointed in addition to a trustee or trustees.responsible entity means a responsible entity within the meaning of theof the Commonwealth. Corporations Act 2001 special trustee means:
(a) the Public Trustee, and (b) a trustee company within the meaning of the , and Trustee Companies Act 1964 (c) a corporation constituted under the law of another Australian jurisdiction that, in the Chief Commissioner’s opinion, corresponds in that jurisdiction to the Public Trustee or a trustee company referred to in paragraph (b), and (d) the trustees of a fund that is a complying superannuation fund within the meaning of section 267 of the Commonwealth or that, in the opinion of the trustees, will become a complying superannuation fund within 12 months after the execution of: Income Tax Assessment Act 1936
(i) an instrument appointing a new trustee, or (ii) an instrument by which a trustee retires without a new trustee being appointed in place of the retiree.
(1) Duty of $200 is chargeable in respect of an instrument executed in New South Wales that declares a trust over New South Wales property none of which is dutiable property. (2) Duty of $200 is chargeable in respect of an instrument executed in New South Wales that declares that property, although not identified in the instrument, when vested in the person executing the instrument is to be held in trust for a person or persons or a purpose or purposes mentioned in the instrument.
(1) The following instruments are liable to duty of $20 if they were first executed before 1 July 2001:
(a) an instrument that establishes, or that amends provisions governing, a superannuation fund, an approved deposit fund, a pooled superannuation trust or an eligible rollover fund, being a fund or trust that, in the opinion of the trustees, will be a complying superannuation fund, a complying approved deposit fund, a pooled superannuation trust or an eligible rollover fund within 12 months after the instrument or amending instrument takes effect, (b) an instrument under which an employer agrees to participate in or contribute to a complying superannuation fund or a superannuation fund that, in the opinion of the trustees, will become a complying superannuation fund within 12 months after the employer agrees to participate in or contribute to the fund, (c) an instrument that is executed in order to set out or vary the terms of custodial arrangements concerning a complying superannuation fund, a complying approved deposit fund, a pooled superannuation trust or an eligible rollover fund (whether or not the instrument contains any other terms) or concerning a fund or trust that, in the opinion of the trustees, will be a complying superannuation fund, a complying approved deposit fund, a pooled superannuation trust or an eligible rollover fund within 12 months after the instrument takes effect.
(1) This section applies to the transfer of dutiable property from one superannuation fund to another where:
(a) the transfer is made from a complying superannuation fund or from a fund that was a complying superannuation fund within the period of 12 months before the transfer was made, and (b) the transfer is made to a complying superannuation fund or to a superannuation fund that, in the opinion of the trustees, will be a complying superannuation fund within 12 months after the transfer is made, and (c) the transfer occurs in connection with a person’s ceasing to be a member of, or otherwise ceasing to be entitled to benefits in respect of, the fund from which the dutiable property is transferred and the person’s becoming a member of, or otherwise becoming entitled to benefits in respect of, the fund to which the dutiable property is transferred.
(1) This section applies to the following dutiable transactions:
(a) a transfer of, or an agreement to transfer, dutiable property from a trustee of:
(i) a complying superannuation fund, or (ii) a pooled superannuation trust, or (iii) a fund or trust that, in the opinion of the trustees, will be a complying superannuation fund or a pooled superannuation trust within 12 months after the transfer takes effect, to a custodian of the trustee of the fund or trust, where there is no change in the beneficial ownership of the property, (b) a transfer of, or an agreement to transfer, dutiable property from a custodian of a trustee of:
(i) a complying superannuation fund, or (ii) a pooled superannuation trust, or (iii) a fund or trust that, in the opinion of the trustees, will be a complying superannuation fund or a pooled superannuation trust within 12 months after the transfer takes effect, to a trustee of the fund or trust, where there is no change in the beneficial ownership of the property, (c) a transfer of, or an agreement to transfer, dutiable property from a custodian of a trustee of:
(i) a complying superannuation fund, or (ii) a pooled superannuation trust, or (iii) a fund or trust that, in the opinion of the trustees, will be a complying superannuation fund or a pooled superannuation trust within 12 months after the transfer takes effect, to another custodian of the trustee of the fund or trust, where there is no change in the beneficial ownership of the property.
(1) General A dutiable transaction is exempt from duty under this Chapter if it is, or occurs as a consequence of any of the following:
(a) the appointment of a receiver or trustee in bankruptcy, (b) the appointment of a liquidator, (c) the transfer of dutiable property for no consideration to a former bankrupt from the estate of the former bankrupt, (d) a dutiable transaction over dutiable property arising from the discharge or transfer of a mortgage or declaration of trust over a mortgage (and a reference in this paragraph to a mortgage includes a reference to a charge and an interest in a mortgage), (e) a dutiable transaction comprising:
(i) a transfer by way of discharge of mortgage, or (ii) a transfer by way of mortgage (not being a transfer by way of mortgage of land, or an estate or interest in land, under the ), if duty as on a mortgage has been paid in respect of an instrument evidencing the mortgage or the instrument is exempt from, or is not liable to, duty, Real Property Act 1900 (f) the vesting of dutiable property in a society or company by virtue of Part 7 or 8 of the or a corresponding law of another State or Territory, Financial Institutions (NSW) Code (g) the vesting of dutiable property in a statutory trust as a consequence of the making of an order under section 66G of the . Conveyancing Act 1919 (2) Employee and employer organisations No duty is chargeable under this Chapter on a transfer of dutiable property made pursuant to, or in accordance with the rules of:
(a) an association of employees or employers registered as an organisation under the Commonwealth , or Workplace Relations Act 1996 (b) an industrial union of employers or employees registered under the , or Industrial Relations Act 1996 (c) any body of a kind referred to in paragraph (a) or (b) that is approved for the time being by the Minister, if the transfer is made to another such association, union or body as a consequence of the amalgamation of two or more such associations, unions or bodies. (3) Registered clubs No duty is chargeable under this Chapter on a transfer of dutiable property to give effect to an order under section 17A of the for the amalgamation of two clubs, or for the dissolution of two clubs and the formation of a new club, if such information and documents as the Chief Commissioner may require are given to the Chief Commissioner. Registered Clubs Act 1976 (4) Workers compensation insurers and custodians No duty is chargeable under this Chapter on a transfer of, or an agreement to transfer, dutiable property:
(a) made in compliance with a requirement of the WorkCover Authority between:
(i) a licensed insurer, or a person who was a licensed insurer, under the and an insurer licensed under the Workers’ Compensation Act 1926 , or Workers Compensation Act 1987 (ii) licensed insurers under the , or Workers Compensation Act 1987 (iii) the Authority and a licensed insurer under the , or Workers Compensation Act 1987 (b) made at the direction of the WorkCover Authority:
(i) from an insurer licensed under the to a custodian nominated by the Authority, or Workers Compensation Act 1987 (ii) from such a custodian to another such custodian.
(1)–(4) (5) Share buy-backs No duty is chargeable under this Chapter on a transfer, or an agreement for the sale or transfer, of shares comprising a buy-back of the shares in accordance with Division 2 of Part 2J.1 of the of the Commonwealth, unless the buy-back is effected by the purchaser pursuant to one or more agreements, understandings or arrangements that the purchaser will issue marketable securities. Corporations Act 2001 (6) Rights to shares No duty is chargeable under this Chapter on the transfer to a person of rights to shares if an earlier transfer of the shares to the person included a right to shares and duty in respect of the rights was paid in connection with that earlier transfer or the earlier transfer was exempt from duty.
(1) Break-up of marriage No duty is chargeable under this Chapter on a transfer, or an agreement for the sale or transfer, of matrimonial property if:
(a) the property is transferred, or agreed to be sold or transferred, to the parties to a marriage that is dissolved or annulled, or in the opinion of the Chief Commissioner has broken down irretrievably, or to either of them, or to a child or children of either of them, and (b) the transfer or agreement is effected by or in accordance with:
(i) a financial agreement made under section 90B, 90C or 90D of the of the Commonwealth that, under that Act, is binding on the parties to the agreement, or Family Law Act 1975 (ii) an order of a court under that Act, or (iia) an agreement that the Chief Commissioner is satisfied has been made for the purpose of dividing matrimonial property as a consequence of the dissolution, annulment or breakdown of the marriage, or (iii) a purchase at public auction of property that, immediately before the auction, was matrimonial property where the public auction is held to comply with any such agreement or order. (2) Break-up of domestic relationship No duty is chargeable under this Chapter on a transfer, or an agreement for the sale or transfer, of relationship property if:
(a) the property is transferred, or agreed to be sold or transferred, to the parties to a domestic relationship that has, in the opinion of the Chief Commissioner, been terminated or to either of them, or to a child or children of either of them, and (b) the transfer or agreement is effected by or in accordance with:
(i) an order of a court made under the , or Property (Relationships) Act 1984 (ii) a termination agreement within the meaning of section 44 of the that has been certified in accordance with section 47 of that Act, or Property (Relationships) Act 1984 (iii) a purchase at public auction of property that, immediately before the auction, was relationship property where the public auction is held to comply with any such order or agreement. (3) Associated transactions No duty is chargeable under this Chapter on a dutiable transaction to the extent that:
(a) for purposes of or ancillary to a transfer referred to in subsection (1) or (2), it transfers a share that is matrimonial property or relationship property to a person not a party to the relevant marriage or domestic relationship, in order to comply with a requirement of or prescribed under the of the Commonwealth, or Corporations Act 2001 (b) it is a declaration of trust, by the transferee of a share transferred as referred to in paragraph (a), for the benefit of a party to the marriage or relationship.
(1) Companies, partnerships, and persons in their capacity as trustees, are not eligible.
(1) The agreement or transfer must be for the acquisition of a first home or for the acquisition of a vacant block of residential land intended to be used as the site of a first home.
(1) A mortgage is eligible if it is given to assist the financing of a purchase under an agreement or transfer that is eligible under the scheme and the purchaser or purchasers under the agreement or transfer are eligible under the scheme.
(1) For the purposes of this Part, a land holding is any interest in land other than the estate or interest of a mortgagee, chargee or other secured creditor or a profit a prendre. An interest in land, however:
(a) is not a land holding of a private company unless the interest of the private company in the land is a beneficial interest, and (b) is not a land holding of a unit trust scheme unless the interest is held by the trustees in their capacity as trustees of the scheme.
(1) In addition to any interest in land or other property that it may hold in its own right, a private corporation is taken, for the purposes of this Part, to hold an interest (the value of which, for duty purposes, is to be calculated in accordance with subsection (2)) in land or other property held by a subsidiary of the private corporation. (2) The value, for duty purposes, of the interest in land or other property that a private corporation is taken, by the operation of subsection (1), to hold by virtue of a holding of a subsidiary ( the actual landholder ) is that portion of the interest’s unencumbered value to which the private corporation would be entitled on a winding-up of:
(a) the actual landholder, and (b) every subsidiary of the private corporation that stands between the private corporation and the actual landholder in the ownership chain.
(1) If an acquisition statement does not disclose any acquisitions during the 3 years preceding the relevant acquisition, duty is chargeable, at the rate specified under this Act for a transfer of dutiable property, on the amount calculated by multiplying the unencumbered value of all land holdings of the private corporation in New South Wales (calculated at the date of acquisition of the interest acquired) by the proportion of that value represented by the interest acquired in the relevant acquisition. (2) If an acquisition statement discloses one or more acquisitions during the 3 years preceding the relevant acquisition, duty is chargeable, at the rate specified under this Act for a transfer of dutiable property, on the aggregate of amounts severally calculated, in the manner provided by subsection (1), in respect of each interest required to be disclosed in the statement.
(1) An acquisition by a person of an interest in a private corporation is an exempt acquisition:
(a) if the land the subject of the interest concerned could have been acquired by the person in a manner that does not result in a liability to pay ad valorem duty under Chapter 2 (Transactions concerning dutiable property), or (b) if the interest was acquired in the person’s capacity as:
(i) a receiver or trustee in bankruptcy, or (ii) a liquidator, or (iii) an executor or administrator of the estate of a deceased person, or (b1) if the interest was acquired solely as the result of the making of a compromise or arrangement under Part 5.1 of the of the Commonwealth that has been approved by the court, not being a compromise or arrangement that the Chief Commissioner is satisfied was made with the intention of defeating the operation of this Part, or Corporations Act 2001 (c) if the interest concerned is acquired solely from a pro rata increase in the interests of all shareholders or unitholders, or (d) if the interest was acquired solely as the result of the distribution of the estate of a deceased person, whether effected in the ordinary course of execution of a will or codicil or administration of an intestate estate or as the result of the order of a court, made under the or otherwise, varying the application of the provisions of a will or codicil or varying the application of the rules governing the distribution of the property of an intestate estate, or Family Provision Act 1982 (e) if the interest was acquired by the parties to a marriage that is dissolved or annulled, or in the opinion of the Chief Commissioner has broken down irretrievably, or by either of them, or by a child or children of them, as a result of a transfer made in accordance with:
(i) a financial agreement made under section 90B, 90C or 90D of the of the Commonwealth that, under that Act, is binding on the parties to the agreement, or Family Law Act 1975 (ii) an order of a court under that Act, or (iii) an agreement that the Chief Commissioner is satisfied has been made for the purpose of dividing matrimonial property as a consequence of the dissolution, annulment or breakdown of the marriage, or (f) if the interest was acquired by the parties to a domestic relationship that has, in the opinion of the Chief Commissioner, been terminated or by either of them, or by a child or children of either of them, as a result of a transfer made in accordance with:
(i) an order of a court made under the , or Property (Relationships) Act 1984 (ii) a termination agreement within the meaning of section 44 of the that has been certified in accordance with section 47 of that Act, or Property (Relationships) Act 1984 Note— Domestic relationship (defined in the Dictionary) has the same meaning as in the. Property (Relationships) Act 1984 (g) to the extent that:
(i) for purposes of or ancillary to the acquisition of an interest referred to in paragraph (e) or (f), the acquisition consists of the transfer of a share that is matrimonial property or relationship property to a person not a party to the relevant marriage or domestic relationship, in order to comply with a requirement of or prescribed under the of the Commonwealth, or Corporations Act 2001 (ii) the acquisition consists of a declaration of trust, by the transferee of a share transferred as referred to in subparagraph (i), for the benefit of a party to the marriage or relationship. (2) If:
(a) duty was paid on the acquisition of matrimonial property by the parties to a marriage or by either of them, or by a child or children of either of them, and (b) the interest acquired was acquired as a result of a transfer made in accordance with an agreement or order referred to in section 119 (1) (e) (i), (ii) or (iii), and (c) the marriage has been dissolved or annulled or has broken down irretrievably, the person who paid the duty is entitled to a refund of it. (2A) If:
(a) duty was paid on the acquisition of relationship property by the parties to a domestic relationship or by either of them, or by a child or children of either of them, and (b) the interest acquired was acquired as a result of a transfer made in accordance with an order or agreement referred to in section 119 (1) (f) (i) or (ii), and (c) the domestic relationship has been terminated, the person who paid the duty is entitled to a refund of it.
(1) In this Part: capital reduction means:
(a) the redemption, surrender or cancellation of a share (including cancellation as part of a buy-back of shares in accordance with Division 2 of Part 2J.1 of the of the Commonwealth), or Corporations Act 2001 (b) a reduction in the paid up value of a share. company means a NSW company that is:
(a) a public company within the meaning of the of the Commonwealth, and Corporations Act 2001 (b) not listed on the Australian Stock Exchange or a recognised stock exchange. dutiable entitlement means a voting share entitlement in respect of whose acquisition a statement is required, under section 129, to be lodged.person includes persons who are associated persons.Note— Associated person is defined in the Dictionary.rights alteration , in relation to voting shares, means a variation, abrogation or alteration of rights relating to the shares.voting shares has the same meaning as in section 9 of theof the Commonwealth. Corporations Act 2001
(1) The cost of a lease (other than a franchise arrangement) is the aggregate of the following:
(a) the rent payable during the term of the lease or in advance of the lease and any amount paid or payable for the right to use land under the lease, (b) any premium payable for the lease, (c) any rates and taxes paid or payable on behalf of the lessor in connection with the lease, (d) the value of improvements and additions to the leased premises made or undertaken to be made by or on behalf of, or at the expense of, the lessee under an agreement or covenant by the lessee (other than fit-out costs), to the extent provided by section 175, (e) any royalties payable under the lease, including royalties for the right to enter onto and remove something from the land.
(1) This section applies in order to determine as a definite sum any unascertainable cost components of a lease, except where the Chief Commissioner and the lessee agree that section 174 should apply instead. (2) The Chief Commissioner is to make an initial estimate of the cost of the lease. (3) The initial estimate is to be the sum of:
(a) the amount of each cost component payable in the course of the lease, so far as it is ascertainable, and (b) in respect of any interval in the term of the lease in which the amount of a cost component, although unascertainable, is subject to a certain minimum rate—the amount of the cost component that would be paid if it were payable at that minimum rate, and (c) in respect of any interval in the term of the lease in which the amount of a cost component is unascertainable and to which paragraph (b) cannot be applied—the amount of the cost component that would be paid during the interval if it were payable at the highest certain rate prevailing immediately before the commencement of the interval.
(1) This section applies, if the Chief Commissioner and the lessee agree to apply it, in order to determine as a definite sum any unascertainable amounts of any particular cost component of a lease. (2) The amount of the relevant cost component payable during any interval of the term of the lease for which it cannot be ascertained is taken to be payable at an annual rate ascertained by compounding the rate at which it is payable during the first year of the lease by the annual percentage increase in the Consumer Price Index last issued before the commencement of the lease.
(1) This Chapter applies to the hire of goods and to a person who hires out goods only if the goods are used solely or predominantly in New South Wales during any period for which a liability to duty is required to be determined.
(1) The duty chargeable on a hire of goods that is an equipment financing arrangement is 0.75% of the total amount of the hiring charges.
(1) A person who hires out goods may, in determining the person’s liability to duty, rely on a statement of the hirer as to where the goods will be solely or predominantly used in the course of the hire or, in the case of an unregistered motor vehicle, where the motor vehicle will be registered during the course of the hire, unless the person knows that the statement is false.
(1) A commercial hire business must, on or before the twenty-first day of each month:
(a) lodge with the Chief Commissioner a return in the approved form, and (b) pay to the Chief Commissioner the appropriate amount of duty calculated in accordance with section 188 in respect of the previous month, subject to the duty-free threshold in subsection (2). (2) A duty-free threshold of:
(a) $6,000 per month for a month ending before 1 July 2001, or (b) $14,000 per month for a month ending after 1 July 2001, applies in respect of hiring charges received from ordinary hires that are not special hiring arrangements (that is, duty is payable only on such part of the total amount of those charges as exceeds the duty-free threshold). Note— For the application of the threshold to corporate commercial hire businesses, see section 200.
(1) A mortgage becomes liable to duty on the date of its first execution.
(1) If the same money is secured, or partly secured, by two or more instruments of security, at least one of which is a mortgage, and one of the instruments has been duly stamped under this Act or under a corresponding Act (the stamped instrument ), the duty payable under this Act in respect of any other of those instruments that is a mortgage (acollateral mortgage ) is to be reduced by an amount calculated in accordance with the following formula:where: A is the amount of the same money secured by the stamped instrument and the collateral security, andB is the amount secured by the stamped instrument, andC is the duty (including duty paid or payable under a corresponding Act) paid on the stamped instrument.
(1) In this section, refinancing mortgage means a mortgage that secures the amount of the balance outstanding under an earlier mortgage, created to secure an advance to the same borrower, over the same or substantially the same property or part of it.(2) For the purposes of subsection (1), mortgages are created to secure an advance to the same borrower if, either directly by the mortgages themselves or indirectly through one or more collateral arrangements, the same person obtains the advances secured by them. (3) A refinancing mortgage is taken to have been stamped with ad valorem duty as a mortgage in respect of the maximum amount payable under or secured by the previous mortgage (being an amount in relation to which mortgage duty has been paid or in relation to which an exemption from duty has been obtained), except as provided by subsection (5). (4) If an advance is refinanced by more than one lender, so that mortgages given to the lenders together secure the balance outstanding under an earlier mortgage, the definition of refinancing mortgage in subsection (1) is to be construed as though:
(a) the reference to a mortgage securing the outstanding balance were a reference to the aggregate of such mortgages, and (b) the reference to property were a reference to the property securing the aggregate of refinancing advances made by the lenders under their combined mortgages, to the intent that, if the requirements of the definition, as so construed, are satisfied, each lender is taken, for the purposes of this section, to be the holder of a refinancing mortgage.
(1) This Chapter does not apply to:
(a) a mortgage executed before 1 January 1975, or (b) a mortgage executed on or after 1 January 1975 and before 1 July 1998 that has been duly stamped or that was not chargeable with or was exempt from duty, or (c) a mortgage that is not chargeable with duty under this Act. (2) Other instruments that are exempt from payment of mortgage duty are:
(a) a mortgage created solely for the purpose of providing security in accordance with a condition imposed on the grant of bail in criminal proceedings, and (b) a mortgage taken by a non-profit organisation in conjunction with a lease in respect of which no duty is chargeable under this Act, and (c) a mortgage of any ship or vessel, or of any part, interest, share or property of or in any ship or vessel, and (d) a mortgage given by the Government of the Commonwealth or a Government of a State or Territory or by any public statutory body constituted under a law of a State or Territory, and (e) a mortgage to which an offshore banking unit is a party and that would not be liable to duty if it were executed outside New South Wales, and (f) a mortgage under the . Liens on Crops and Wool and Stock Mortgages Act 1898
(1) Mortgage duty is not chargeable on a mortgage solely securing the repayment of advances arising from the issue by a financial corporation or a related corporation of a debenture.
(1) This section applies if:
(a) a corporation is or will be under a liability to repay money received or to be received by it in respect of its debentures, and (b) the repayment is secured by a mortgage, and (c) the corporation is a party to an instrument of trust relating to the debentures.
(1) For the purpose of charging duty, general insurance is divided into 3 classes, Class 1 insurance, Class 2 insurance and Class 3 insurance.
(1) This section applies to a person who obtains, effects, or renews any general insurance as an insured person with a person who is not a registered insurer.
(1) Ownership by devolution of title Duty under this Chapter is not chargeable on an application to register a motor vehicle made by a person who is beneficially entitled to the vehicle following the death of the person in whose name the vehicle was registered in New South Wales. (2) Charities Duty under this Chapter is not chargeable on an application to register a motor vehicle if the applicant is a non-profit organisation having as one of its objects a charitable, benevolent, philanthropic or patriotic purpose. (3) Rural lands protection board Duty under this Chapter is not chargeable on an application to register a motor vehicle if the applicant is a rural lands protection board established under the . Rural Lands Protection Act 1998 (4) Repossessed motor vehicles Duty under this Chapter is not chargeable on an application to register a motor vehicle if:
(a) the applicant is in the business of financing the purchase or use of motor vehicles, and (b) the vehicle was repossessed by, or voluntarily surrendered to, the applicant, and (c) the applicant, in the course of that business, does not dispose of any such vehicles except by public tender or public auction or through a dealer licensed under the . Motor Dealers Act 1974 (5) Ambulances Duty under this Chapter is not chargeable on an application to register:
(a) a motor vehicle that weighs not more than 250kg when unladen and is specially constructed to be used, and while on a road is used, solely for conveying an invalid, or (b) a motor vehicle specially constructed for:
(i) the work of carrying sick and injured persons, or (ii) mine rescue work in accordance with the and the regulations under that Act, Mines Rescue Act 1925 if the vehicle while on a road is used solely for purposes connected with that work.
(1) Trading stock—used motor vehicles Duty under this Chapter is not chargeable on an application by a motor dealer, being the holder of a dealer’s licence or a wholesaler’s licence issued under the , or the holder of a similar licence under the corresponding provisions of a law of another State or Territory, to register a motor vehicle that is trading stock. Motor Dealers Act 1974 (2) Demonstrator motor vehicles—new motor vehicles The Chief Commissioner may approve arrangements for the issue to motor dealers of exemption authorities to be used in connection with the registration of demonstrator motor vehicles of the dealer.
(1) Duty under this Act is not chargeable on a dutiable transaction approved by the Chief Commissioner in accordance with guidelines approved by the Treasurer by which dutiable property is transferred by, or agreed to be transferred by, or vests in, a corporation that is a member of a group of corporations to another corporation that is a member of the same group.
(1) An instrument is duly stamped if it is endorsed in accordance with an arrangement, approved by the Chief Commissioner under Division 2 of Part 6 of the , under which: Taxation Administration Act 1996
(a) information concerning an instrument (rather than the instrument itself) is lodged with the Chief Commissioner, and (b) the information is used by the Chief Commissioner to assess the duty payable on the instrument, and (c) a number, or other information, is issued by the Chief Commissioner, in respect of the instrument, for endorsement on the instrument.
(1) A person may apply to the Chief Commissioner for a refund of the value of adhesive stamps that have become spoiled or useless.
(Section 314)