Australian Capital Territory Numbered Acts

TAXATION ADMINISTRATION ACT 1999 (NO. 4 OF 1999) - SECT 47

(1)     If—

        (a)     an approval under this Division provides for an exemption from a requirement for the stamping of an instrument; and

        (b)     the instrument is endorsed in accordance with the conditions of the approval;

the instrument is deemed to be duly stamped, but the liability for the payment of tax in relation to the instrument under the relevant tax law is not affected.

(2)     A person shall not endorse an instrument otherwise than under and in accordance with an approval under this Division so as to suggest or imply that the instrument is properly so endorsed and as a result is deemed to be duly stamped.

Penalty:     100 penalty units or imprisonment for 12 months, or both.