Queensland Numbered Acts

REVENUE AND OTHER LEGISLATION AMENDMENT ACT 2006 NO. 44

TABLE OF PROVISIONS

           Contents
           Part 1--Preliminary
   1.      Short title
   2.      Commencement
           Part 2--Amendment of Community Ambulance Cover Act 2003
   3.      Act amended in pt 2
   4.      Omission of s 9 (Notes in text)
   5.      Amendment of s 81 (Authorised subcontractors to perform electricity retailer's functions)
   6.      Insertion of new ss 81A and 81B
           7. Amendment of s 82 (Administration agreement)
   8.      Amendment of s 149 (Additional ways of giving documents to commissioner)
   9.      Amendment of schedule (Dictionary)
           Part 3--Amendment of Duties Act 2001
           Division 1--Preliminary
   10.     Act amended in pt 3
           Division 2--Amendments commencing on assent
   11.     Omission of s 4 (Notes in text)
   12.     Amendment of s 92 (Concession for transfer duty—first home)
   13.     Amendment of s 152 (Exemption—to correct error in previous dutiable transaction)
   14.     Amendment of s 459 (Restrictions on registration)
   15.     Insertion of new ch 17 pt 6
           Division 3--Amendments commencing on 1 January 2007
   16.     Amendment of s 9 (What is a dutiable transaction)
   17.     Amendment of s 10 (What is dutiable property)
   18.     Amendment of s 24 (Rates of transfer duty)
   19.     Amendment of s 30 (Aggregation of dutiable transactions)
   20.     Amendment of s 85 (Purpose of pt 9)
   21.     Amendment of s 86 (What is a home and a first home)
   22.     Insertion of new ss 86A-86D
           23. Amendment of s 89 (What is a person's transfer date for residential land)
   24.     Amendment of s 90 (What is the dutiable value of residential land)
   25.     Amendment of s 91 (Concession for transfer duty—home)
   26.     Amendment of s 92 (Concession for transfer duty—first home)
   27.     Amendment of s 93 (Concession for transfer duty—mixed and multiple claims for homes and first homes for individuals)
   28.     Insertion of new s 93A
           29. Amendment of s 94 (Concession for transfer duty—mixed and multiple claims for homes and first homes)
   30.     Insertion of new s 94A
           31. Replacement of s 95 (Application for concession for transfer duty for home or first home)
   32.     Amendment of s 97 (Dutiable transactions to which pt 10 applies)
   33.     Omission of s 103 (Conditions for transfer or agreement for transfer of Queensland marketable security)
   34.     Amendment of s 105 (How transfer duty is assessed on dutiable transaction)
   35.     Amendment of s 106 (Special provision for assessing transfer duty if total gifts of property used for prescribed business exceed $500000)
   36.     Amendment of s 148 (Exemption—marketable securities etc.)
   37.     Amendment of s 153 (Reassessment—noncompliance with occupancy requirements after occupation date for residence)
   38.     Amendment of s 154 (Reassessment—other noncompliance with occupancy requirements)
   39.     Amendment of s 155 (When transferees must give notice for reassessment)
   40.     Amendment of s 173 (Value of land-holdings and property—business property disregarded)
   41.     Amendment of s 194 (Exemption—if transfer duty not imposed)
   42.     Insertion of new s 194A
           43. Replacement of s 216 (Rate of corporate trustee duty)
   44.     Replacement of s 227 (Deduction—transfer duty for marketable securities)
   45.     Replacement of s 272 (What is a home and first home for div 2)
   46.     Amendment of s 291 (Reassessment—concession under pt 6)
   47.     Omission of ch 7 (Hire duty)
   48.     Amendment of s 384 (Reduction in vehicle registration duty payable)
   49.     Amendment of s 404 (How part applies to particular transactions)
   50.     Omission of s 405 (Exemption—interposing new company between existing companies and their shareholders)
   51.     Amendment of s 407 (Group property for intra-group transfer of property)
   52.     Replacement of s 409 (Exemption—land rich duty)
   53.     Amendment of s 414 (Exemption—particular duties for exempt institutions)
   54.     Amendment of s 415 (Use requirement)
   55.     Amendment of s 416 (Start of use requirement)
   56.     Amendment of s 417 (Commissioner to extend start date and duration period)
   57.     Amendment of s 418 (Reassessment on application of exempt institution)
   58.     Amendment of s 419 (Reassessment—noncompliance with use requirements)
   59.     Amendment of s 437 (Application for registration to carry on particular businesses)
   60.     Amendment of s 484 (Registration of instrument disposing of particular marketable securities etc.)
   61.     Amendment of s 498 (Special provisions for working out value of particular shares)
   62.     Amendment of s 506 (Requirement to keep particular instruments)
   63.     Omission of ch 17, pt 2, div 8 (Provision for hire duty)
   64.     Amendment of s 539 (Group property for intra-group transfers of property)
   65.     Omission of s 541 (Registered persons)
   66.     Amendment of s 557 (Ending of registration of credit providers)
   67.     Insertion of new ch 17, pt 6, div 1 hdg
   68.     Amendment of s 568 (Definition for pt 6)
   69.     Insertion of new s 569 and div 2 hdg
   70.     Insertion of new s 571 and ch 17, pt 6, divs 3-5
   71.     Amendment of sch 2 (When liability for transfer duty on dutiable transaction arises)
   72.     Amendment of sch 3 (Rates of duty on dutiable transactions and relevant acquisitions for land rich and corporate trustee duty)
   73.     Replacement of sch 4A (Amount of concession for transfer duty—first home)
   74.     Amendment of sch 6 (Dictionary)
           Division 4--Amendments commencing on 1 July 2007
   75.     Amendment of s 251A (Treatment of mortgages affecting property in Victoria)
   76.     Amendment of s 260 (Mortgage over property not wholly in Queensland)
   77.     Amendment of s 262 (Collateral mortgage)
   78.     Amendment of s 263 (Extent mortgage is enforceable)
   79.     Amendment of s 290A (Reassessment—stamping before advance)
   80.     Insertion of new s 290B
           Part 4--Amendment of Financial Administration and Audit Act 1977
   81.     Act amended in pt 4
   82.     Amendment of s 80 (Audit of performance management systems)
   83.     Replacement of pt 8, div 6 (Transitional provision for Financial Administration and Audit Amendment Act 2006)
           Part 5--Amendment of Fuel Subsidy Act 1997
   84.     Act amended in pt 5
   85.     Insertion of new s 32A
   86.     Amendment of sch 2 (Dictionary)
           Part 6--Amendment of Government Owned Corporations Act 1993
   87.     Act amended in pt 6
   88.     Amendment of sch 3 (Application of FA and A Act to company GOCs and prescribed company GOC subsidiaries)
           Part 7--Amendment of Land Tax Act 1915
   89.     Act amended in pt 7
   90.     Amendment of s 3EA (When land is used for a substantial non-PPR purpose)
   91.     Amendment of s 11 (Taxable value)
   92.     Insertion of new pt 9, div 3
           Part 8--Amendment of Taxation Administration Act 2001
   93.     Act amended in pt 8
   94.     Amendment of s 3 (Purpose of Act and relationship with revenue laws)