Anzac Day Trust Winding-up Act 2020 (Tas)

Anzac Day Trust Winding-up Act 2020

An Act to wind up the Anzac Day Trust and Anzac Day Trust Fund and to amend the Anzac Day Observance Act 1929 [Royal Assent 17 November 2020]

Be it enacted by Her Excellency the Governor of Tasmania, by and with the advice and consent of the Legislative Council and House of Assembly, in Parliament assembled, as follows:

PART 1 - Preliminary

1. Short title This Act may be cited as the Anzac Day Trust Winding-up Act 2020 .

2. Commencement This Act commences on the day on which this Act receives the Royal Assent.

3. Interpretation In this Act – commencement day means the day on which this Act commences; document means a document or part of a document – (a) that was in force immediately before the commencement day; and (b) in which there was a reference to the Trust; and (c) that relates to an asset or liability of the Trust; Fund means the Anzac Day Trust Fund established under Part III of the Anzac Day Observance Act 1929 ; State tax means any of the following imposed by an Act or law of this State: (a) a fee; (b) a tax or duty; (c) a charge; Trust means the Anzac Day Trust established under Part III of the Anzac Day Observance Act 1929 .

PART 2 - Winding-up of Anzac Day Trust and Anzac Day Trust Fund

4. Winding-up of Trust and Anzac Day Trust Fund On the commencement day – (a) the Trust is wound up; and (b) the Fund is wound up; and (c) the appointments of the members of the Trust and its staff are terminated.

5. Transfer of assets and liabilities (1) On the commencement day, the assets and liabilities of the Trust become assets and liabilities of the Crown. (2) State tax is not payable in respect of any document prepared, or transfer or transaction done, to give effect to subsection (1).