Savings provision for pre-repeal marketable security transactions
573 Savings provision for pre-repeal marketable security transactions
This Act, as in force immediately before 1 January 2007, continues to apply for powers, rights, privileges and liabilities that would have been exercisable, acquired, accrued or incurred on or after 1 January 2007 in relation to a pre-repeal marketable security transaction if the amendments in the amending Act had not commenced.Example of how this Act continues to apply under this section—A person or other entity may be required to lodge an instrument or transfer duty statement, and pay transfer duty, on or after 1 January 2007 in relation to a pre-repeal marketable security transaction.
This Act’s bill:Explanatory memorandum
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