A New Tax System (Indirect Tax and Consequential Amendments) Act 1999 (176 of 1999)

Schedule 1   Indirect Tax Acts

Part 2   Amendment of the A New Tax System (Luxury Car Tax) Act 1999

172   Subsection 7-10(1)

Repeal the subsection, substitute:

(1) You make a taxable importation of a luxury car if:

(a) the *luxury car is *imported; and

(b) you *enter the car for home consumption.

Note: There is no registration requirement for taxable importations, and the importer need not be carrying on an enterprise.