Revenue Legislation Amendment Bill 2005 (Qld)

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Queensland

Revenue Legislation Amendment Bill 2005

Queensland

Revenue Legislation Amendment Bill 2005

Contents Page Part 1 Preliminary 1 Shorttitle 2.0... eee 6 2 Commencement. ... 0.0... 500 cece eee eee 6 Part 2 Amendment of Duties Act 2001 3 Act amended in pt2..... 0.0... cece eee 6 4 Amendment of s 11 (What is the dutiable value of a dutiable transaction) wee eee 6 5 Amendment of s 23 (When credit to be allowed for duty paid). . . 6 Amendment of s 91 (Concession for transfer duty—home) ..... 7 7 Amendment of s 93 (Concession for transfer duty—mixed and multiple claims for homes and first homes for individuals) ..... . 8 Amendment of s 146 (Exemption—lease duty) .............. 8 9 Amendment of s 241 (Lodging statements and payment of lease duty) we eee 8 10 Insertion of new S 242A... 1. ee 9 242A Reassessment of lease duty for particular options. . . 9 11 Omission of ch 4 (Lease duty) .................. 0002.00 ee 9 12 Omission of ch 6 (Credit business duty).................... 9 13 Amendment of s 342 (When commercial hirer not liable for hire duty) ke eee eee 9 14 Amendment of s 437 (Application for registration to carry on particular businesses) ...........0....0 00 cece eee eee eee 10 15 Insertion of new S 532A... 1... ee 10 532A Ending of application of div6................... 10 16 Insertion of newch 17, pt5 ..... 2... cee eee 10 Part 5 Transitional and savings provisions for Revenue Legislation Amendment Act 2005 Division 1 Provisions for ending of credit business duty

554 Meaning of particular terms used indiv1 ......... 10 Part 32123

Part 425 Revenue Legislation Amendment Bill 2005

555 Savings provision for pre-repeal credit transactions. . 556 Cash price for particular credit arrangements not included in credit amount................-..05. 557 Ending of registration of credit providers .......... Division 2 Provisions for ending of lease duty 558 Meaning of particular terms used indiv2 ......... 559 Savings provision for particular leases and occupancy rights ind eee eee eee 560 Application of repealed s 241................... 561 Reassessments under repealed s 242............ 562 Saving of particular provisions for exempt institutions 563 Leases etc. to which repealed Act applied......... 564 Ending of registration of self assessor............ 565 No refund of lease duty merely because lease or