(1) This section applies if:

(a)

immediately before the commencement of this Act, an amount is due and payable under the Sales Tax Assessment Act 1992 in respect of a dealing with goods; and

(b)

apart from the modifications made by the modification Acts, the dealing would have been covered by Item 20 of Schedule 1 to the Sales Tax (Exemptions and Classifications) Act 1992 ; and

(c)

the dealing was before 5 October 1999.

(2) If this section applies, the amount ceases to be due and payable immediately after the commencement of this Act. (3) In this section, a reference to an amount due and payable in respect of a dealing with goods includes a reference to any penalty payable in relation to a failure to pay such an amount.