SALES TAX LAWS AMENDMENT ACT (NO. 1) 1992 NO. 14, 1992 SALES TAX LAWS AMENDMENT ACT (NO. 1) 1992 NO. 14, 1992 - TABLE OF PROVISIONS 1. Short title (Assented to 6 April 1992) 2. Commencement 3. Principal Act 4. Second Schedule 5. Fourth Schedule 6. Fifth Schedule 7. Amendment of other Acts 8. Application of amendments SCHEDULE SALES TAX LAWS AMENDMENT ACT (No. 1) 1992 No. 14, 1992 - LONG TITLE An Act to amend the law relating to sales tax, and for related purposes SALES TAX LAWS AMENDMENT ACT (No. 1) 1992 No. 14, 1992 - SECT 1 Short title (Assented to 6 April 1992) 1. This Act may be cited as the Sales Tax Laws Amendment Act (No. 1) 1992. (Minister's second reading speech made in- House of Representatives on 26 February 1992 Senate on 5 March 1992) SALES TAX LAWS AMENDMENT ACT (No. 1) 1992 No. 14, 1992 - SECT 2 Commencement 2. This Act is taken to have commenced on 27 February 1992. SALES TAX LAWS AMENDMENT ACT (No. 1) 1992 No. 14, 1992 - SECT 3 Principal Act 3. In this Part, "Principal Act" means the Sales Tax (Exemptions and Classifications) Act 1935*1*. *1* No. 60, 1935, as amended. For previous amendments see No. 41, 1936; No. 78, 1938; No. 32, 1939; Nos. 29 and 76, 1940; No. 32, 1941; No. 6, 1942; Nos. 35 and 44, 1943; No. 31, 1944; No. 36, 1945; Nos. 12 and 67, 1946; No. 65, 1947; No. 42, 1948; No. 54, 1949; No. 37, 1950; No. 42, 1951; No. 44, 1952; No. 53, 1953; No. 45, 1954; No. 5, 1956; No. 71, 1957; Nos. 17 and 92, 1959; Nos. 65 and 88, 1960; Nos. 1 and 76, 1961; No. 4, 1962; No. 44, 1963; No. 30, 1965; Nos. 26 and 62, 1966; No. 78, 1970; Nos. 67 and 87, 1972; Nos. 17, 181 and 216, 1973; No. 24, 1975; Nos 21, 29, 80 and 175, 1976; No. 107, 1978; Nos. 3, 94 and 157, 1979; No. 142, 1981; Nos. 64, 93 and 115, 1982; Nos. 63, 84 and 136, 1983; Nos. 81, 123 and 165, 1984; Nos. 65, 67, 145 and 178, 1985; Nos. 28, 76 and 98, 1986; Nos. 42, 135 and 140, 1987; Nos. 78, 89 and 152, 1988; Nos. 63, 72, 149, 150, 166 and 167, 1989; Nos. 18, 55, 57, 58, 82 and 131, 1990; and Nos. 51, 143, 145 and 202, 1991. SALES TAX LAWS AMENDMENT ACT (No. 1) 1992 No. 14, 1992 - SECT 4 Second Schedule 4. The Second Schedule to the Principal Act is amended by omitting the definition of "Sales tax rate" in sub-item 61(2) and substituting the following definition: " 'Sales tax rate' means 0.2". SALES TAX LAWS AMENDMENT ACT (No. 1) 1992 No. 14, 1992 - SECT 5 Fourth Schedule 5. The Fourth Schedule to the Principal Act is amended: (a) by omitting from sub-item 1(1) "of a kind ordinarily used for commercial purposes"; (b) by omitting from paragraph 1(1)(c) "an item" and substituting "item 1". SALES TAX LAWS AMENDMENT ACT (No. 1) 1992 No. 14, 1992 - SECT 6 Fifth Schedule 6. The Fifth Schedule to the Principal Act is amended: (a) by omitting items 1 and 2 and substituting the following item: "1.(1) Motor vehicles manufactured in Australia that, if they had been imported into Australia, would have been heading 8703 passenger motor vehicles "(2) Motor vehicles imported into Australia that are heading 8703 passenger motor vehicles For the purposes of this item: 'heading 8703 passenger motor vehicle' means a motor vehicle: (a) to which heading 8703 in Schedule 3 to the Customs Tariff applies; and (b) that is a passenger motor vehicle for the purposes of that heading". (b) by omitting from item 3 "Items 1 and 2 do" and substituting "Item 1 does". SALES TAX LAWS AMENDMENT ACT (No. 1) 1992 No. 14, 1992 - SECT 7 Amendment of other Acts 7. Each of the following Acts is amended as set out in the Schedule: Sales Tax Act (No. 1) 1930 Sales Tax Act (No. 2) 1930 Sales Tax Act (No. 3) 1930 Sales Tax Act (No. 4) 1930 Sales Tax Act (No. 5) 1930 Sales Tax Act (No. 6) 1930 Sales Tax Act (No. 7) 1930 Sales Tax Act (No. 8) 1930 Sales Tax Act (No. 9) 1930. SALES TAX LAWS AMENDMENT ACT (No. 1) 1992 No. 14, 1992 - SECT 8 Application of amendments 8. The amendments made by this Act apply in relation to transactions, acts and operations effected or done in relation to goods after the commencement of this Act. SALES TAX LAWS AMENDMENT ACT (No. 1) 1992 No. 14, 1992 - SCHEDULE SCHEDULE Section 7 AMENDMENT OF OTHER ACTS Paragraph 4(a): Omit "or Fifth". After paragraph 4(a): Insert: "(aa) in respect of goods covered by the Fifth Schedule to that Act - 15%;".