Victorian Numbered Acts

DUTIES AND LAND TAX ACTS (AMENDMENT) ACT 2005 (NO 85 OF 2005) - SECT 31

In Schedule 3 to the Land Tax Act 2005 , after clause 7 insert —

        "8.     Trusts

    (1)     A notice given under section 52 of the old Act that was in force immediately before the commencement day continues in force on and after that day as if it were a notice given under section 46B of this Act.

    (2)     A notice given under section 52A of the old Act that was in force immediately before the commencement day continues in force on and after that day as if it were a notice given under section 46C of this Act.

    (3)     A nomination of a beneficiary under section 52D of the old Act that was in force immediately before the commencement day continues in force on and after that day as if it were a nomination of a beneficiary under section 46F of this Act.

    (4)     A nomination of a PPR beneficiary under section 52F of the old Act that was in force immediately before the commencement day continues in force on and after that day as if it were a nomination of a PPR beneficiary under section 46H of this Act.

        9.     Amnesty for failing to lodge certain documents

    (1)     Section 59 of the Taxation Administration Act 1997 does not apply to a failure or refusal to lodge a notice with the Commissioner under section 46K.

    (2)     This clause ceases to have effect on 31 December 2007.

        10.     Continuation of Orders

    (1)     An Order under section 9(1AD) of the old Act that was in force immediately before the commencement day continues in force on and after that day as if it were an order made under section 80(4) of this Act.

    (2)     An Order under section 9(1B) of the old Act that was in force immediately before the commencement day continues in force on and after that day as if it were an order made under section 64(2) of this Act.

    (3)     An Order under section 13P(1) of the old Act that was in force immediately before the commencement day continues in force on and after that day as if it were an order made under section 87(1) of this Act.".
s. 31

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