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Act No. 49 of 1993 as amended, taking into account amendments up to Act No. 94 of 1995
An Act relating to sales tax
Administered by: Treasury
Start Date 01 Jul 1995
End Date 14 Sep 2006
Date of repeal 14 Sep 2006
Repealed by Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006

Sales Tax (Excise) (Deficit Reduction) Act 1993

Act No. 49 of 1993 as amended

[Note: This Act was repealed by Act No. 101 of 2006 on 14 September 2006

For transitional and application provisions see Act No. 101, 2006, Schedule 6 (items 5–11)]

This compilation was prepared on 11 October 2000
taking into account amendments up to Act No. 94 of 1995

The text of any of those amendments not in force
on that date is appended in the Notes section

The operation of amendments that have been incorporated may be
affected by application provisions that are set out in the Notes section

Prepared by the Office of Legislative Drafting and Publishing,
Attorney‑General’s Department,
Canberra

  

  

  


Contents

Part 1—Preliminary                                                                                                               1

1............ Short title [see Note 1]....................................................................... 1

2............ Commencement [see Note 1].............................................................. 1

3............ Object of Act...................................................................................... 1

4............ This Act taken to be a sales tax amending Act for certain purposes.. 1

Part 2—Modifications commencing on 18 August 1993                                   2

5............ Modifications of the Sales Tax (Exemptions and Classifications) Act 1992            2

Part 3—Modifications commencing on 1 July 1995                                            3

6............ Modifications of the Sales Tax (Exemptions and Classifications) Act 1992            3

Schedule 1—Modifications Commencing on 18 August 1993                       4

Schedule 2—Modifications commencing on 1 July 1995                                  6

Notes                                                                                                                                              7


An Act relating to sales tax

Part 1Preliminary

1  Short title [see Note 1]

                   This Act may be cited as the Sales Tax (Excise) (Deficit Reduction) Act 1993.

2  Commencement [see Note 1]

             (1)  Parts 1 and 2 and Schedule 1 are taken to have commenced on 18 August 1993.

             (2)  Part 3 and Schedule 2 commence on 1 July 1995.

3  Object of Act

                   The object of this Act is to modify the provisions of the Sales Tax (Exemptions and Classifications) Act 1992, in so far as they deal with tax imposed by the Sales Tax Imposition (Excise) Act 1992.

4  This Act taken to be a sales tax amending Act for certain purposes

                   For the purposes of section 129 of the Sales Tax Assessment Act 1992, this Act is taken to be a sales tax amending Act.


 

Part 2Modifications commencing on 18 August 1993

5  Modifications of the Sales Tax (Exemptions and Classifications) Act 1992

                   The provisions of the Sales Tax (Exemptions and Classifications) Act 1992 have effect, in so far as they deal with tax imposed by the Sales Tax Imposition (Excise) Act 1992, as if:

                     (a)  they were modified as set out in Schedule 1 to this Act; and

                     (b)  those modifications applied to dealings with goods on or after 18 August 1993.


 

Part 3Modifications commencing on 1 July 1995

6  Modifications of the Sales Tax (Exemptions and Classifications) Act 1992

                   The provisions of the Sales Tax (Exemptions and Classifications) Act 1992 (as modified by Part 2 of this Act) have effect, in so far as they deal with tax imposed by the Sales Tax Imposition (Excise) Act 1992, as if:

                     (a)  they were further modified as set out in Schedule 2 to this Act; and

                     (b)  those further modifications applied to dealings with goods on or after 1 July 1995.


Schedule 1Modifications Commencing on 18 August 1993

Section 5

1.  Paragraph 12(2)(a):

Omit “Schedule 5”, substitute “Schedule 6”.

2.  Subsection 15(1):

Omit “and 5”, substitute “, 5 and 6”.

3.  Schedule 1:

                     (a)  Omit from subitem 96(2) “Schedule 5” (twice occurring), substitute “Schedule 6”.

                     (b)  Omit from subitem 97(2) “Schedule 5” (twice occurring), substitute “Schedule 6”.

4.  Schedule 2:

Omit “GOODS TAXED AT 10%”, substitute “GOODS TAXED AT 11%”.

5.  Schedule 3:

                     (a)  Omit “GOODS TAXED AT 15%”, substitute “GOODS TAXED AT 16%”.

                     (b)  Omit from subitem 1(1) “Schedule 5”, substitute “Schedule 6”.

6.  Schedule 4:

                     (a)  Omit “GOODS TAXED AT 20%”, substitute “GOODS TAXED AT 21%”.

                     (b)  Omit from Item 1 “and 5”, substitute “, 5 and 6”.

7.  Schedule 5:

                     (a)  Omit “GOODS TAXED AT 30%”, substitute “GOODS TAXED AT 31%”.

                     (b)  Omit Item 1 of the Table of Contents.

                     (c)  Omit Item 1.

8.  Insertion of new Schedule:

After Schedule 5 insert the following Schedule:

“SCHEDULE 6

“GOODS TAXED AT 45%

“Item 1:  [Luxury motor cars]

“(1)       Motor cars or station wagons (including those known as four‑wheel drive vehicles), if the taxable value of the taxable dealing concerned is more than 67.1% of the motor vehicle depreciation limit for the financial year in which the taxable dealing happens.

“(2)       This Item does not cover motor vehicles that are specially fitted out for transporting disabled persons seated in wheelchairs unless the motor vehicles are described in subitem (1) of exemption Item 96 or 97.”.


 

Schedule 2Modifications commencing on 1 July 1995

Section 6

1.  Schedule 2:

Omit “GOODS TAXED AT 11%”, substitute “GOODS TAXED AT 12%”.

3.  Schedule 4:

Omit “GOODS TAXED AT 21%”, substitute “GOODS TAXED AT 22%”.

4.  Schedule 5:

Omit “GOODS TAXED AT 31%”, substitute “GOODS TAXED AT 32%”.


Notes to the Sales Tax (Excise) (Deficit Reduction) Act 1993

Note 1

The Sales Tax (Excise) (Deficit Reduction) Act 1993 as shown in this compilation comprises Act No. 49, 1993 amended as indicated in the Tables below.

Table of Acts

Act

Number
and year

Date
of Assent

Date of commencement

Application, saving or transitional provisions

Sales Tax (Excise) (Deficit Reduction) Act 1993

49, 1993

27 Oct 1993

Parts 1 and 2 (ss. 1‑5): 18 Aug 1993
Remainder: 1 July 1995

 

Taxation Laws Amendment (Budget Measures) Act 1995

94, 1995

27 July 1995

Schedule 3 (Part 2 [items 5, 6]): 1 July 1995
Schedule 9: Royal Assent
Remainder: 9 May 1995


Table of Amendments

ad. = added or inserted     am. = amended      rep. = repealed      rs. = repealed and substituted

Provision affected

How affected

Schedule 2..........................

am. No. 94, 1995