A New Tax System (Wine Equalisation Tax and Luxury Car Tax Transition) Act 1999 (REPEALED)

Part 3 - Luxury car tax  

5 (Repealed by 101 of 2006)   Application of luxury car tax law  

(1)    
The luxury car tax law does not apply to a supply of a car if:

(a) the car was sold by a retail sale in Australia before 1 July 2000; or

(b) the car was imported into Australia before 1 July 2000, and nobody was entitled to quote under the Sales Tax Assessment Act 1992 for the importation; or

(c) there is an AOU of the car before 1 July 2000, and a special credit under section 16 of the A New Tax System (Goods and Services Tax Transition) Act 1999 does not arise in relation to the car.

(2)    
In this section, AOU , import , quote and retail sale have the meanings given by section 5 of the Sales Tax Assessment Act 1992 as in force immediately before 1 July 2000.

(3)    
In this section, Australia , car , luxury car tax law , and supply have the meanings given in the A New Tax System (Luxury Car Tax) Act 1999 .