Australian Capital Territory Repealed Acts

This legislation has been repealed.

STAMP DUTIES AND TAXES ACT 1987

TABLE OF PROVISIONS

           Table of Amendments
           Long Title

   PART I--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Incorporation of Taxation (Administration) Act 1987  
   4.      Interpretation  
   5.      Administration  
   6.      General exemptions from stamp duty or tax  

   PART II--DUTY AND TAX STAMPS

   7.      Impressed stamps  
   9.      Duly stamped instruments  
   10.     Stamping counterparts or copies of instruments  
   11.     Stamping instruments if no duty or tax payable  
   13.     Stamps defaced or removed  
   13A.    Admissibility of unstamped instruments  
   14.     Fraudulent use of stamps  
   15.     Possession of counterfeiting equipment  
   16.     Illegal stamping  

   PART III--INTERESTS IN LAND

   17.     Instruments subject to duty  
   17A.    Instruments executed outside the Territory  
   18.     Duty on Schedule 1 instruments  
   18A.    Duty on certain other instruments  
   19.     Conveyance of Crown lease—chattels  
   20.     Agreements treated as original instruments  
   21.     Denotation of payment  
   22.     Person liable to pay stamp duty  
   23.     Instruments to be lodged for assessment  
   24.     Credit for duty paid outside the Territory  
   25.     Interpretation of term of lease  
   26.     Rent increases by instrument  
   27.     Refund if lease determined early  
   28.     Refund if agreement not completed  
   29.     Refund if Crown lease surrendered  

   PART IV--INSURANCE PREMIUMS

   30.     Premiums subject to tax  
   31.     Exempt premiums  
   32.     Registers  
   33.     Registration of insurers  
   34.     Returns  
   35.     Recovery of tax by insurer  
   36.     Refunds  
   36A.    Duty where insurer unregistered  
   37.     Unregistered insurers  

   PART V--MARKETABLE SECURITIES

           Division 1A--—Interpretation

   37A.    Interpretation  

           Division 1--—Sales and purchases of marketable securities

   38.     Transactions subject to tax  
   39.     Exempt transactions  
   40.     Records  
   41.     Broker's statement on transfers  
   42.     Returns  
   43.     Recovery of tax by broker  

           Division 2--—Transfers of marketable securities

   44.     Transfers subject to tax or stamp duty  
   45.     Liability to pay tax or stamp duty  
   45A.    Recovery of tax by participant etc.  
   45B.    Records of transfers  
   46.     Duty on Schedule 4 transfers  
   47.     Stamping transfers  
   48.     Denotation of payment  
   49.     Partition of marketable securities  
   49A.    Returns, payments etc.—participants  
   49B.    Returns, payments etc.—SCH  
   49C.    Effect of non-payment of duty by SCH participant  
   49D.    Returns, payments etc.—prescribed corporations  
   49E.    Form of returns  

           Division 3--—General

   49F.    Liability on change of beneficial ownership where tax or duty not otherwise payable  
   50.     Registrations subject to tax  
   51.     Duty on registration of Schedule 5 transfers  
   52.     Returns  
   53.     Credit for tax paid outside Territory  
   54.     Recovery of tax by company or unit trust  
   55.     Partition of marketable securities  
   56.     Prerequisites for registration  

   PART VI--VEHICLES

           Division 1--—Sales by licensed vehicle dealers

   56A.    Taxable sales  
   56B.    Exempt sales  
   56C.    Certificates of exemption  
   56D.    Returns and payment  
   56E.    Endorsements on registration forms  
   56EA.   Recovery of tax by licensed vehicle dealer  
   56F.    Refunds for exempt sales where exemption not claimed  

           Division 2--—Registration of vehicles

   57.     Registrations subject to tax  
   58.     Exempt registrations  
   59.     Further exemptions—successors of deceased persons  
   60.     Further exemptions—hire-purchases and leases  
   60A.    Veteran, vintage and historic vehicles  
   60B.    Exemption—transfer from registration under the Interstate Road Transport Act 1985 of the Commonwealth to ACT registration  
   61.     Prerequisites for registration  
   62.     Certificates of exemption  
   63.     Registrar's returns  
   64.     Certificates as evidence  

   PART VIA--ACQUISITION OF BUSINESSES

   64A.    Taxable acquisitions  
   64B.    Exempt acquisitions  
   64C.    Returns and payment  
   64D.    Tax avoidance schemes  
   64E.    Credit for duty paid  

   PART VIB--HIRE OF GOODS

           Division 1--—Introduction and overview

   64F.    Interpretation  
   64G.    Duty on hire of goods  
   64H.    Hire of goods to which this Part applies—jurisdictional nexus  
   64J.    What are “goods”?  
   64K.    What is a “hire of goods”?  
   64L.    What are “hiring charges”?  
   64M.    Splitting or redirection of hiring charges (anti-avoidance provision)  
   64N.    What form may a hire of goods take?  

           Division 2--—What arrangements apply to persons in business hiring out goods (commercial hirers)?

   64P.    Application  
   64Q.    Registration of commercial hirers  
   64R.    Application for registration  
   64S.    Registration without application  
   64T.    Cessation of business and cancellation of registration by commercial hirer  
   64U.    Duty base  
   64V.    Monthly returns and payment of duty  
   64W.    Returns of related bodies corporate  
   64X.    Refunds—error as to place of use of goods  

           Division 3--—What arrangements apply to other persons?

   64Y.    Statement of transaction  
   64Z.    Lodgment of statement and payment of duty  
   64ZA.   Apportionment of duty  

   PART VII--MISCELLANEOUS

   65.     Review of decisions  
   66.     Notification of decisions  
   67.     Regulations  
           SCHEDULE 1
           SCHEDULE 3
           ENDNOTES