Northern Territory Numbered Acts

REVENUE LAW REFORM (STAMP DUTY) ACT 2007 (NO 27 OF 2007)

TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title  
   2.      Commencement  

   PART 2--REPEAL OF LAWS

   3.      Repeal of laws  

   PART 3--AMENDMENT OF TAXATION (ADMINISTRATION) ACT

   4.      Act amended  
   5.      Amendment of long title  
   6.      Amendment of Part I heading  
   7.      Repeal and substitution of section 1  
   8.      Repeal of section 3  
   9.      Amendment of section 4 (Interpretation)  
   10.     Amendment of section 4A (Unencumbered value)  
   11.     Repeal and substitution of section 4AB  
   12.     Amendment of section 4B (Tax avoidance schemes)  
   13.     Repeal and substitution of section 4D  
   14.     Repeal and substitution of Part II  
   15.     Repeal and substitution of Part III heading  
   16.     Repeal and substitution of sections 9 and 9A  
   17.     Amendment of section 9BB (Apportioning certain dutiable property where business in Territory and elsewhere)  
   18.     Amendment of section 9C (Copies of instruments)  
   19.     Repeal and substitution of sections 10 to 13  
   20.     Repeal and substitution of sections 15 to 17A  
   21.     Repeal and substitution of section 19  
   22.     Amendment of section 21 (Meaning of group property in section 20)  
   23.     Amendment of section 23 (Reassessment for the purposes of paying duty on a conveyance, transfer or relevant acquisition exempted under section 19 or 20)  
   24.     Amendment of section 24 (Time for parties to give notice that require reassessment)  
   25.     Amendment of section 25 (Application for ruling regarding proposed corporate re-construction)  
   26.     Amendment of section 26 (Application for exemption regarding corporate re-construction)  
   27.     Amendment of section 28 (Acquiring a partnership interest)  
   28.     Amendment of section 38 (Imposition of tax on policies of insurance)  
   29.     Amendment of section 39 (Australian insurers to be registered)  
   30.     Repeal and substitution of sections 41 to 44A  
   31.     Amendment of section 44C (Imposition of tax on life policies)  
   32.     Amendment of section 45 (Life insurer in the Territory to be registered)  
   33.     Repeal and substitution of sections 47 to 49  
   34.     Amendment of section 49C (Apportionment in practice)  
   35.     Repeal and substitution of section 50  
   36.     Amendment of section 52A (Computation of duty where 2 or more instruments)  
   37.     Repeal of section 55A  
   38.     Amendment of section 56A (Refund or remission of duty if transaction does not proceed etc.)  
   39.     Repeal of section 56B  
   40.     Repeal and substitution of section 56BA  
   41.     Repeal and substitution of sections 56BAA to 56BAC  
   42.     Amendment of section 56BC (Duty payable on call and put option)  
   43.     Amendment of section 56BD (Duty payable if neither option exercised)  
   44.     Amendment of section 56C (Interpretation)  
   45.     Repeal of section 56CA  
   46.     Amendment of section 56D (Lodgement of statements by trustees)  
   47.     Repeal of sections 56E to 56J  
   48.     Amendment of section 56K (When statement to be lodged)  
   49.     Amendment of section 56M (Statement chargeable with duty)  
   50.     Amendment of section 56S (Liability for duty)  
   51.     Repeal and substitution of sections 56V and 56W  
   52.     Repeal and substitution of section 57  
   53.     Amendment of section 58 (Registrar not to register unless duty paid)  
   54.     Repeal of Part III, Division 14  
   55.     Repeal and substitution of sections 83A and 83B  
   56.     Repeal of sections 83D and 83F  
   57.     Repeal and substitution of Parts IV to XII  
   58.     Repeal and substitution of Schedule  

   PART 4--AMENDMENT OF TAXATION AND ROYALTY APPEALS TRIBUNAL RULES

   59.     Rules amended  
           SCHEDULE 1
           SCHEDULE 2