Commonwealth Numbered Acts

INSURANCE AMENDMENT ACT 1977 No. 31 of 1977 - SECT 40

40. Paragraph 10 of the Schedule to the Principal Act is amended by omitting
clause (e) and substituting the following clauses:-

''(e) the amount of stamp duty paid or payable by Lloyd's underwriters, during
the first-mentioned financial year, under a law, or a provision of a law, of a
State or Territory imposing stamp duty in respect of the carrying on of
insurance business, not including an amount payable during a preceding year;

''(ea) the amount paid or payable by Lloyd's underwriters during the
first-mentioned financial year under a prescribed law of the Commonwealth or
of a State or Territory or under a prescribed provision of such a law, not
including an amount payable during a preceding year; and''.
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