STATUTORY RULES
1970 No.
REGULATIONS UNDER THE GIFT DUTY ASSESSMENT ACT 1941-1967.*
I THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Gift Duty Assessment Act 1941-1967.
Dated this twentieth day of March, 1970.
Paul Hasluck
Governor-General.
By His Excellency’s Command,
Treasurer.
Amendments of the Gift Duty Regulations†
Commencement.
1. These Regulations shall come into operation on the first day of July, 1970.
Furnishing of returns in pursuance of section 19 of the Act.
2. Regulation 5 of the Gift Duty Regulations is amended by omitting from sub-paragraph (ii) of paragraph (b) the words “, Central Office, Melbourne ” and inserting in their stead the words “ in Victoria ”.
How duty may be paid.
3. Regulation 15 of the Gift Duty Regulations is amended by omitting from paragraph (b) the words “ postal note ” and inserting in their stead the words “ postal order ”.
Expenses of witnesses.
4. Regulation 41 of the Gift Duty Regulations is amended by omitting the words “ One pound ” and inserting in their stead the words “ Two dollars ”.
The Schedule.
5. The Schedule to the Gift Duty Regulations is amended—
(a) by omitting from Form 1 all the words in Part A from and including the word “ note ” to the end of that Part and inserting in their stead the words:—
“ NOTE.—This return must be lodged with the Deputy Commissioner in the State in which the donor resides, or, if the donor is not resident in Australia, at the office of the Deputy Commissioner in Victoria.”;
and
(b) by omitting Parts Β and C of Form 1 and inserting in their stead the Parts in the First Schedule to these Regulations.
Further amendments.
6. The Gift Duty Regulations are amended as set out in the Second Schedule to these Regulations.
* Notified in the Commonwealth Gazette on 1970.
† Statutory Rules 1941, No. 312, as amended by Statutory Rules 1964, No. 23.
11535/70—Price 8c 10/24.2.1970
THE SCHEDULES
THE FIRST SCHEDULE Regulation 5.
Part B.
Particulars and Value of Property Comprised in the Gift Hereinbefore Referred to.
| Date of gift. | Particulars of property.* | Consideration (if any). | No. of Schedule (if any). | Value, irrespective of consideration. |
| | | | | | |
| | Total amount of consideration, $ | | Total value, $ | | |
particulars of encumbrances existing upon the property comprised in the gift Hereinbefore Referred to as to which there is no Right of Indemnity against the Donor or any Other Person or Estate.
| Date of encumbrance. | Name and address of person holding encumbrance. (Mortgagee, &c.) | Nature of encumbrance and property charged therewith. | Amount owing. |
| | | | | |
| | | $ | |
Part C.
particulars οf other gifts made at the same time or within the period of Eighteen Months Immediately Preceding the date of the Abovementioned Gift.
| Date of gift. | Name and address of donee. | Particulars of property.* | Consideration (if any). | No. of Schedule (if any). | Value, irrespective of consideration. |
| | | | | | | |
| | | | | $ | | |
* Where gift comprises real or leasehold estate references to titles and full descriptions should be supplied.
THE SECOND SCHEDULE Regulation 6.
| Provision amended | Omit— | Insert— |
| Regulation 7......................................... | Second Commissioner | a Second Commissioner |
| Regulation 8......................................... | Second Commissioner | a Second Commissioner |
| Regulation 9 (2.)................................... | Second Commissioner | a Second Commissioner |
| Regulation 18....................................... | Second Commissioner | a Second Commissioner |
| Regulation 20....................................... | Second Commissioner | a Second Commissioner |
| Regulation 22....................................... | the Second Commissioner | a Second Commissioner |
| Regulation 24....................................... | the Second Commissioner | a Second Commissioner |
| Regulation 36 (1.)................................. | the Second Commissioner | a Second Commissioner |
| Regulation 36 (2.)................................. | Second Commissioner | a Second Commissioner |
| Regulation 37....................................... | Second Commissioner | a Second Commissioner |
| Regulation 38....................................... | the Second Commissioner | a Second Commissioner |
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