New South Wales Repealed Acts

This legislation has been repealed.

STAMP DUTIES ACT 1920 - SECT 75A

75A Interpretation and duty on instalment purchase arrangements

(1) For the purposes of this Division:
"Credit arrangement" means an arrangement or an offer to enter into an arrangement under which when goods are purchased or where subsequent to the purchase of goods an option to pay by instalments is exercised the amount payable or paid is not less than the purchase price of the goods plus interest and where the purchase price is four hundred dollars or more.
"Credit purchase agreement" means an agreement for the purchase of goods under which irrespective of the time at which the property in the goods passes or is to pass to the purchaser or to the order of the purchaser the purchase price or any part thereof is paid or payable not before the expiration of six months from the date of the agreement by not less than two instalments and under which any of the instalments are to be paid after the goods have been delivered to the purchaser and whether any instalments are paid or payable by cash or by cheque, bill of exchange or promissory note payable on demand or otherwise, but does not include:

(a) any agreement where the purchase price is less than four hundred dollars, or

(b) any agreement for the purchase of goods together with real property or any estate or interest in real property or with any business or interest in a business.

"Goods" includes all chattels personal (other than money, livestock and things in action) and includes any fixture severable from the realty.
"Instalment purchase arrangement" means a credit arrangement or a credit purchase agreement.