Victorian Numbered Acts

STATE TAXATION ACTS FURTHER AMENDMENT ACT 2019 (NO. 46 OF 2019) - SECT 7

For sections 184, 185 and 186 of the Duties Act 2000 substitute —

        "     184     Who is an insurer ?

An "insurer" is a person—

        (a)     who writes general insurance; and

        (b)     who does so otherwise than as an insurance intermediary.

        185     Certain insurers must be registered

An insurer must be registered under this Part if the insurer is a person who is—

        (a)     authorised under the Insurance Act 1973 of the Commonwealth to carry on insurance business; or

        (b)     registered under the Life Insurance Act 1995 of the Commonwealth.

Penalty:     100 penalty units.

Note

Section 130B of the Taxation Administration Act 1997 applies to an offence against this section.

        186     Registration

The Commissioner must register an insurer who is required to be registered under this Part if the insurer applies in the approved form for registration.".