Taxation Laws Amendment Act (No. 3) 1994 (138 of 1994)

Part 4   AMENDMENT OF THE SALES TAX LAW

Division 1   Amendments relating to child care

Sub-Division C   Amendment of the Sales Tax (Exemptions and Classifications) Act 1992

126   Schedule 1

Schedule 1 to the Principal Act is amended by adding at the end of Item 144A the following subitem:

"(2) Subitem (1) does not apply to motor cars or station wagons (including those known as four-wheel drive vehicles), if the taxable value of the taxable dealing concerned is more than 67.1% of the motor vehicle depreciation limit for the financial year in which the taxable dealing happens, unless the motor vehicle:

(a) is specially fitted out for transporting disabled persons seated in wheel chairs; and

(b) is not described in subitem (1) of exemption Item 96 or 97.".