Federal Register of Legislation - Australian Government

Primary content

Gift Duty Amendment Act 1978

Authoritative Version
  • - C2004A01824
  • No longer in force
Act No. 25 of 1978 as made
An Act to amend the Gift Duty Act 1941.
Date of Assent 07 Jun 1978
Date of repeal 25 Mar 2015
Repealed by Amending Acts 1970 to 1979 Repeal Act 2015


No. 25 of 1978

An Act to amend the Gift Duty Act 1941.

BE IT ENACTED by the Queen, and the Senate and House of Representatives of the Commonwealth of Australia, as follows:

Short title, &c.

1. (1) This Act may be cited as the Gift Duty Amendment Act 1978.


(2) The Gift Duty Act 1941 is in this Act referred to as the Principal Act.


2. This Act shall come into operation on the day on which it receives the Royal Assent.

Imposition of gift duty

3. Section 4 of the Principal Act is amended by inserting in sub-section (1) “and before 1 July 1979” after “of this Act”.

Application of amendment

4. In ascertaining the rate of gift duty in respect of a gift made before 1 July 1979, the value of a gift or gifts made on or after that date shall not be taken into account in ascertaining the value of all gifts for the purposes of the Schedule to the Principal Act.