Victorian Current Acts Victorian Current Acts(1) This Chapter does not apply to—
(a) a mortgage executed before 4 January 1965; or
(b) a mortgage that is not chargeable with duty under this Act.
(2) Other instruments that are exempt from payment of mortgage duty are—
(a) a mortgage made or given by—
(i) a registered co-operative society or registered co-operative housing society; or
(ii) a body that is permitted to use the expression "credit union" under section 66 of the Banking Act 1959 of the Commonwealth;
(b) a mortgage given by a corporation or body of persons incorporated or associated for a religious, charitable or educational purpose;
(c) a mortgage or foreign security made or given by—
(i) a Government of the Commonwealth or of another State or of a Territory; or
(ii) a public statutory authority constituted under the law of Victoria, other than a declared public statutory authority under subsection (3); or
(iii) a public statutory authority constituted under the law of the Commonwealth or of another State or of a Territory; or
(iv) the Municipal Association of Victoria;
(d) a lien on a crop registered under Part VII of the Instruments Act 1958 ;
(e) a lien on wool or mortgage of stock registered under Part VIII of the Instruments Act 1958 ;
(f) a mortgage given to the Victorian WorkCover Authority;
(g) a mortgage given to a recognised institution within the meaning of the Trustee Act 1958 , being a mortgage of a mortgage or a mortgage by way of deposit of a mortgage.
(3) For the purposes of subsection (2)(c)(ii), the Governor in Council, by Order published in the Government Gazette, may declare a public statutory authority constituted under the law of Victoria to be a declared public statutory authority.