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Estate Duty Act 1914

Act No. 25 of 1914 as amended, taking into account amendments up to Act No. 93 of 1966
Registered 25 Nov 2009
Start Date 01 Dec 1966
End Date 06 Jun 1978
Date of repeal 22 Sep 1999
Repealed by Statute Stocktake Act 1999

ESTATE DUTY ACT 1914
- Reprinted as at 29 October 1966 (HISTACT2 CHAP 25 #DATE 29:10:1966)

ESTATE DUTY ACT 1914-1966 - TABLE OF PROVISIONS

TABLE


ESTATE DUTY ACT 1914-1966

TABLE OF PROVISIONS
Section
1. Short title
2. Incorporation
3. Imposition of succession duties

THE SCHEDULE

Rates of Estate Duty

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ESTATE DUTY ACT 1914-1966 - SECT. 1.
Short title.

SECT

An Act to impose Duties upon the Estates of Deceased Persons.
Short title amended; No. 32, 1918, s. 2.
1. This Act may be cited as the Estate Duty Act 1914-1966.*

ESTATE DUTY ACT 1914-1966 - SECT. 2.
Incorporation.

SECT

2. The Estate Duty Assessment Act 1914 shall be incorporated and read as one with this Act.

ESTATE DUTY ACT 1914-1966 - SECT. 3.
Imposition of succession duties.

SECT

3. Estate duty is imposed at the rates declared in the Schedule to this Act upon the estates of deceased persons dying after the commencement of this Act.

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ESTATE DUTY ACT 1914-1966 - THE SCHEDULE

SCH

Substituted by No. 51, 1941, s. 3; amended by No. 93, 1966, s. 3.
THE SCHEDULE

RATES OF ESTATE DUTY

(a) Where the value for duty of the estate does not exceed Twenty thousand dollars-three per centum.

(b) Where the value for duty of the estate exceeds Twenty thousand dollars but does not exceed Forty thousand dollars-three per centum increasing by three one-hundredths per centum for every complete Two hundred dollars by which that value exceeds Twenty thousand dollars.

(c) Where the value for duty of the estate exceeds Forty thousand dollars but does not exceed Two hundred and forty thousand dollars-six per centum increasing by two one-hundredths per centum for every complete Two hundred dollars by which the value exceeds Forty thousand dollars.

(d) Where the value for duty of the estate exceeds Two hundred and forty thousand dollars but is less than One million dollars-twenty-six per centum increasing by one two-hundredths per centum for every complete Two thousand dollars by which the value exceeds Two hundred and forty thousand dollars.

(e) Where the value for duty of the estate is One million dollars or more-twenty-seven and nine-tenths per centum.
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ESTATE DUTY ACT 1914-1966 - NOTE


NOTE
1. The Estate Duty Act 1914-1966 comprises the Estate Duty Act 1914 as amended by the other Acts specified in the following table:
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Number Date of
Act and year Date of
Assent commencement
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Estate Duty Act 1914 No. 25, 1914 21 Dec 1914 21 Dec 1914
Estate Duty Act 1940 No. 13, 1940 20 May 1940 20 May 1940
Estate Duty Act 1941 No. 51, 1941 3 Dec 1941 3 Dec 1941
Statute Law Revision
(Decimal Currency) Act
1966 No. 93, 1966 29 Oct 1966 1 Dec 1966
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