Commonwealth Consolidated Acts

A NEW TAX SYSTEM (LUXURY CAR TAX) ACT 1999 - SECT 13.25

             (1)  An amount of luxury car tax on a * taxable importation of a luxury car is not payable if:

                     (a)  a security or undertaking described in section 162 of the Customs Act 1901 has been given; and

                     (b)  the provisions of the regulations mentioned in paragraph 162(3)(a) of that Act are complied with; and

                     (c)  either:

                              (i)  the car is exported within the relevant period mentioned in paragraph 162(3)(b) of that Act; or

                             (ii)  one or more of the circumstances or conditions specified in the regulations mentioned in paragraph 162(3)(b) of that Act apply in relation to the car.

Note:          Section 162 of the Customs Act 1901 allows delivery of imported goods if the importer gives a security or undertaking to pay any customs duty, GST and luxury car tax relating to the importation.

          (1A)  An amount of luxury car tax on a * taxable importation of a luxury car is not payable if:

                     (a)  a security or undertaking described in section 162A of the Customs Act 1901 has been given; and

                     (b)  the car is not dealt with in contravention of regulations made for the purposes of that section; and

                     (c)  one or more of the following applies:

                              (i)  the car is exported within the relevant period mentioned in paragraph 162A(5)(b) of that Act;

                             (ii)  if the car is goods described in subsection 162A(5A) of that Act--the goods are exported before the end of the relevant day mentioned in paragraph 162A(5A)(b) of that Act;

                            (iii)  one or more of the circumstances or conditions specified in the regulations mentioned in paragraph 162A(5)(b) of that Act apply in relation to the car.

Note:          Section 162A of the Customs Act 1901 allows delivery of imported goods if the importer gives a security or undertaking to pay any customs duty, GST and luxury car tax relating to the importation.

             (2)  This section has effect despite section 13‑20.