South Australian Current Acts

STATE BANK (CORPORATISATION) ACT 1994 - SECT 17

17—Stamp and other duties or taxes

        (1)         No stamp duty, financial institutions duty or debits tax is payable under a law of the State in respect of—

            (a)         any transfer effected by order of the Treasurer under this Act; or

            (b)         any other transfer or assignment of assets or liabilities by SBSA or an SBSA subsidiary to BSAL; or

            (c)         an application or entry made, or receipt given or anything else done for a purpose connected with, or arising out of, such a transfer or assignment.

        (2)         No person has an obligation under the Stamp Duties Act 1923 , the Financial Institutions Duty Act 1983 or the Debits Tax Act 1990 —

            (a)         to lodge a statement or return relating to a matter referred to in subsection (1); or

            (b)         to include in a statement or return a record or information relating to such a matter.