Tax and Superannuation Laws Amendment (2016 Measures No. 2) Act 2017 (15 of 2017)

Schedule 3   Cars for display by public institutions

A New Tax System (Luxury Car Tax) Act 1999

2   After subsection 15-30(1)

Insert:

(1A) You have a decreasing luxury car tax adjustment if:

(a) you are supplied with a *luxury car; and

(b) luxury car tax is payable on the supply; and

(c) you are *registered at the time of the supply; and

(d) were you to *import the car for the same purpose as your purpose in acquiring it, luxury car tax would, because of paragraph 7-10(3)(ba), not be payable on the importation; and

(e) you do not intend to use the car, or permit it to be used, other than for that purpose.