A New Tax System (Luxury Car Tax) Act 1999
Part 4
-
Miscellaneous
Division 21
-
Miscellaneous
21-1
Commonwealth etc. not liable to pay luxury car tax
(1)
The Commonwealth and * untaxable Commonwealth entities are not liable to pay luxury car tax payable under this Act. However, it is the Parliament's intention that the Commonwealth and untaxable Commonwealth entities should:
(a) be notionally liable to pay luxury car tax payable under this Act; and
(b) notionally have * luxury car tax adjustments arising under this Act.
(2)
The * Finance Minister may give such written directions as are necessary or convenient for carrying out or giving effect to subsection (1) and, in particular, may give directions in relation to the transfer of * money within an account, or between accounts, operated by the Commonwealth or an * untaxable Commonwealth entity .
(3)
Directions under subsection (2) have effect, and must be complied with, despite any other Commonwealth law.
(4)
(Repealed by No 58 of 2006)
The Commonwealth and * untaxable Commonwealth entities are not liable to pay luxury car tax payable under this Act. However, it is the Parliament's intention that the Commonwealth and untaxable Commonwealth entities should:
(a) be notionally liable to pay luxury car tax payable under this Act; and
(b) notionally have * luxury car tax adjustments arising under this Act.
View history note
Hide history note(2)
The * Finance Minister may give such written directions as are necessary or convenient for carrying out or giving effect to subsection (1) and, in particular, may give directions in relation to the transfer of * money within an account, or between accounts, operated by the Commonwealth or an * untaxable Commonwealth entity .
(3)
Directions under subsection (2) have effect, and must be complied with, despite any other Commonwealth law.
(4)
(Repealed by No 58 of 2006)
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.