DUTIES ACT 2001 - SECT 557 Ending of registration of credit providers

DUTIES ACT 2001 - SECT 557

557 Ending of registration of credit providers

(1) This section applies to a registered credit provider.

(2) The following are cancelled on 1 January 2006—

(a) the person’s registration under chapter 12, part 1, to carry on business in Queensland as a credit provider;

(b) the person’s registration under chapter 12, part 1, as a self assessor for duty on instruments or transactions to which the person becomes a party for carrying on business as a credit provider.

(3) However, subsection (2) does not affect—

(a) the registration of the person under this Act for any other purpose; or

(b) a requirement that applies to the person under this Act or the Administration Act in relation to a pre-repeal credit transaction.