Financial Institutions Duty (Amendment) Regulations 1998

i Financial Institutions Duty (Amendment) Regulations 1998 S.R. No. 7/1998 TABLE OF PROVISIONS Regulation Page 1. Objective 1 2. Authorising provisions 1 3. Removal of Wool Lot Builders as a non-bank financial institution 2 4. Further person to which the Act does not apply 2 ═══════════════ NOTES 3 -- 1 of 4 -- 1 STATUTORY RULES 1998 S.R. No. 7/1998 Financial Institutions Duty Act 1982 Financial Institutions Duty (Amendment) Regulations 1998 The Governor in Council makes the following Regulations: Dated: 28 January 1998 Responsible Minister: ALAN R. STOCKDALE Treasurer SHARNE BRYAN Clerk of the Executive Council 1. Objective The objective of these Regulations is to amend the Financial Institutions Duty Regulations 1992— (a) to remove a body prescribed as a non-bank financial institution; and (b) to provide exemption from financial institutions duty for an additional in-house finance company. 2. Authorising provisions These Regulations are made under paragraph (t) of the definition of "financial institution" in section 3(1) and sections 25(12)(i) and 86 of the Financial Institutions Duty Act 1982. -- 2 of 4 -- S.R. No. 7/1998 Financial Institutions Duty (Amendment) Regulations 1998 2 3. Removal of Wool Lot Builders as a non-bank financial institution In regulation 11 of the Financial Institutions Duty Regulations 1992 1 paragraph (c) is revoked. 4. Further person to which the Act does not apply In item 1 of Schedule 1 to the Financial Institutions Duty Regulations 1992 after "PMP Finance Pty. Ltd. A.C.N. 053 814 976" insert "Sussan Administration Pty. Ltd. A.C.N. 072 572 028". ═══════════════ r. 3 -- 3 of 4 -- S.R. No. 7/1998 Financial Institutions Duty (Amendment) Regulations 1998 3 NOTES 1 S.R. No. 342/1992. Reprinted to S.R. No. 128/1994 and subsequently amended by S.R. Nos 112/1995, 4/1996, 28/1996, 61/1996, 84/1996, 105/1996 and 63/1997. Notes -- 4 of 4 --