Western Australian Repealed Acts

This legislation has been repealed.

FINANCIAL INSTITUTIONS DUTY ACT 1983

TABLE OF PROVISIONS

           Long Title

   PART I -- Preliminary  

   1.      Short title  
   2.      Commencement  
   3.      Interpretation  
   4.      Continuing credit contract  
   5.      Amount credited to creditor’s account with debtor  
   6.      Act to bind Crown  

   PART II -- Administration  

   7.      Functions of Commissioner  
   8.      Secrecy provisions  
   9.      Power of Commissioner to use information  

   PART III -- Liability to duty  

   10.     Financial institutions duty  
   11.     Financial institutions duty and short term dealings  
   12.     Financial institutions duty imposed on certain depositors  
   12A.    Liability to duty discontinued  

   PART IV -- Exempt accounts  

   12B.    This Part ceases to apply  
   13.     Special accounts  
   14.     Short term dealing account  
   15.     Trust fund account  
   17.     Sweeping account  
   18.     Local Government account  
   19.     Government Department account  
   19A.    Charitable institution's account  
   20.     Cancellation of designation of exempt account  
   21.     Certified returns of exempt accounts  

   PART V -- Registration, certification and returns  

   21A.    Application of this Part limited  
   22.     Registration of financial institutions  
   23.     Returns by financial institutions  
   24.     Exemption from furnishing monthly returns of financial institutions  
   25.     Further returns  
   26.     Certification of short term dealers  
   27.     Returns by certified short term dealers  
   28.     Further returns by certified short term dealers  
   29.     Registration of persons depositing with unregistered financial institutions  
   30.     Returns by depositors  
   31.     Exemption of depositor from furnishing returns  
   32.     Further returns by depositor  
   33.     Undertaking by financial institution not required to be registered  

   PART VI -- Constitution of groups  

   34.     Interpretation  
   35.     Grouping of corporations  
   36.     Grouping of commonly controlled businesses  
   37.     Smaller groups subsumed into larger groups  
   38.     Beneficiaries under discretionary trusts  
   39.     Exclusion of persons from groups  

   PART VII -- Collection and recovery of duty  

   40.     Time for payment of duty  
   41.     Assessments and amended assessments  
   42.     Refunds or deductions of duty overpaid  
   43.     Financial institution leaving Western Australia  
   44.     Time to pay, extensions and instalments  
   45.     Penal duty  
   46.     Recovery of duty  
   47.     Substituted service  
   48.     Liquidator to give notice  
   49.     Agent for absentee principal winding-up business  
   50.     Where duty not paid during lifetime  
   51.     Provision for payment of duty by executors  
   52.     Recovery of duty paid on behalf of another person  
   53.     Contributions from persons jointly liable to pay duty  
   54.     Commissioner may collect duty from person owing money to financial institution or depositor  

   PART VIII -- Objections and appeals  

   55.     Objections  
   56.     Appeals  
   57.     Commissioner may state case  
   58.     Pending appeal not to delay payment of duty  

   PART IX -- Penal provisions  

   59.     Offences  
   60.     Evading duty  
   61.     Time for commencing prosecutions  
   62.     Penalties not to relieve from duty  
   63.     Obstructing officers  
   64.     Offences by bodies corporate  
   65.     Offences by partnerships, etc.  

   PART X -- Miscellaneous  

   66.     Public officer of company  
   67.     Agents and trustees  
   68.     Person in receipt or control of money for absentee  
   69.     Books to be kept  
   69A.    Exemption under regulations  
   70.     Power to obtain information and evidence  
   71.     Access to books, etc.  
   72.     Evidence  
   73.     Service of documents by Commissioner  
   74.     Service of documents on Commissioner  
   75.     Institution of prosecutions  
   76.     Refunds to charities  
   77.     Passing on duty  
   78.     Regulations  

   PART XI -- Transitional provisions  
           Compilation table