Victorian Consolidated Legislation

Financial Institutions Duty Act 1982 - SECT 17

PART III LIABILITY TO DUTY

Liability to duty discontinued

17. Liability to duty discontinued



(1) Liability to pay financial institutions duty in respect of a receipt of
money does not arise under section 18(1) if the money is received after 30
June 2001.

(2) Liability to pay financial institutions duty in respect of broker receipts
does not arise under section 18(2A) if the broker receipts are received or
retained after 30 June 2001.

(3) Liability to pay financial institutions duty in respect of the average
daily liability during a month of a registered short-term money market
operator does not arise under section 20 in respect of any month after June
2001.

(4) Liability to pay financial institutions duty in respect of a deposit of
money does not arise under section 21(1) if the money is deposited after 30
June 2001.