Registration of particular institutions following reassessment
546 Registration of particular institutions following reassessment
This section applies if, before the commencement day, the commissioner had given a notice under section 59E(8), 69A(2) or 72(4) of the repealed Act to an institution stating a later time to decide whether an instrument would be exempt from stamp duty under that Act and the later time is after the commencement day.
If, at the later time, the commissioner is satisfied the institution is an exempt institution, the commissioner must register the institution under chapter 12, part 5, and give the institution a notice of registration.
Notes—
1 The reassessment of stamp duty is made under the repealed Act, see section 512.
2 From 30 June 2010, chapter 12, part 5 is repealed and the registration of charitable institutions is provided for under the Administration Act, part 11A.
This Act’s bill:Explanatory memorandum
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