FINANCIAL INSTITUTIONS DUTY ACT (Repealed)

This reprint shows the Act as in force at 1 July 2008. Any amendments that commence after that date are not included.

An Act to impose a duty on receipts by financial institutions and for related purposes

This Act shall come into operation on a date to be fixed by the Administrator by notice in the Gazette.

account includes a term deposit and an interest bearing deposit, whether or not a financial institution in receipt of such a deposit classifies the deposit as an account.

cheque has the meaning it has from time to time in the Cheques Act 1986 of the Commonwealth.

dealing, in relation to securities, has the same meaning as in the Securities Industry Act.

exempt account means an account in respect of which there is in force a certificate issued under section 16 or a prescribed government account.

(d) a person whose sole or principal business in the Territory is the provision of finance; and

(f) a person whose sole or principal business in the Territory is the operation of a scheme of superannuation, retirement benefit or pension created and operated under a law of the Territory, the Commonwealth or a State or another Territory of the Commonwealth or a prescribed scheme;

(g) a corporation that is registered under the Life Insurance Act 1945 of the Commonwealth;

(h) a corporation the sole or principal business of which is insurance business within the meaning of the Insurance Act 1973 of the Commonwealth;

(j) a corporation that is a medical benefits organization or a hospital benefits organization registered under the National Health Act 1953 of the Commonwealth;

(k) a dealer who is not a person referred to in paragraph (a), (c), (d) or (e) and who does not carry on a business of dealing in securities except in his or her capacity as:

(i) an official receiver or trustee within the meaning of the Bankruptcy Act 1966 of the Commonwealth or any Act of the Commonwealth in substitution for that Act; or

(ii) a receiver, as a receiver and manager or as a person appointed by a court to carry on the business concerned;

(m) a dealer, being a corporation, other than a corporation referred to in paragraph (a), (c), (d) or (e), that carries on, or holds itself out as carrying on, a business of dealing in its debentures but does not carry on a business of dealing in any other securities; or

and includes a person or body corporate (including a person or body corporate referred to in paragraphs (f) to (n), inclusive, of this definition) declared by the Minister to be a financial institution for the purposes of this Act.

pastoral finance company means a person whose sole or principal business is that of:

(b) a stock and station agent in respect of whom an order under section 11 of the Banking Act 1959 of the Commonwealth is in force.

(b) the crediting of an account (whether as a result of money received in the Territory or transferred from outside the Territory);

(d) money received outside the Territory as a consequence of any act, matter or thing done by a person in the Territory or by a prescribed person; and

(e) a receipt relating to (and to the extent only that it relates to) goods supplied or to be supplied in the Territory, services rendered or to be rendered in the Territory, property situated in the Territory, any matter or thing done or to be done in the Territory or such contracts, arrangements or transactions as are prescribed.

registered financial institution means a financial institution that is registered under this Act.

(b) a corporation, constituted under the law of a State or another Territory of the Commonwealth, in respect of which there is in force a certificate of approval under section 9 by the Commissioner;

(2) A reference in this Act to the provision of finance includes a reference to:

(a) the borrowing of money or the obtaining of other financial accommodation, including the issue of share capital by a building society or credit union;

(d) the purchase, acquisition, discounting or factoring of debts due to another person.

(3) In this Act, a reference to carrying on business of a particular kind includes a reference to carrying on that business in the course of, as part of, incidentally to, or in connection with, the carrying on of another business.

(4) For the purposes of this Act, the value of a bill of exchange or a promissory note shall be taken to be its nominal or face value.

(5) Where money is received or a liability incurred in a currency other than the currency of Australia, the amount of that receipt or liability for the purposes of this Act is the equivalent amount in the currency of Australia calculated at a rate of exchange that was the rate of exchange used to calculate that equivalent amount when the receipt or liability was incurred.

(6) The Minister may, by notice in the Gazette, declare a person or body corporate to be a financial institution, in respect of all or a part only of the person's or body corporate's business, for the purposes of this Act.

(7) The Minister may, by notice in the Gazette, prescribe as a government account for the purposes of the definition of exempt account in subsection (1) such accounts kept by a registered financial institution on behalf of the Territory, the Commonwealth or a State or another Territory of the Commonwealth or a statutory authority of the Territory, the Commonwealth or a State or another Territory of the Commonwealth, and on such conditions, as the Minister thinks fit.

(8) The Minister may, by notice in the Gazette, prescribe a person or a contract, arrangement or transaction for the purposes of the definition of receipt in subsection (1).

This Act shall be incorporated and read as one with the Taxation Administration Act.

This Act binds the Crown not only in right of the Territory but also, so far as the legislative power of the Legislative Assembly permits, in all its other capacities.

(1) Except as otherwise provided, this Act applies to a receipt of money on or after 1 December 1989 but before 1 July 2001.

(2) Where a person receives a consideration, other than money (whether or not in consideration of the person having given credit to any person), in or towards the settlement, satisfaction or discharge of a debt or obligation owing to that first-mentioned person, the person shall, when he or she receives the consideration, be deemed to have received an amount of money equal to the value of that consideration.

(3) For the purposes of this Act, the crediting of an account of a person, including the crediting of an account effected by means of an entry or record made by use of a machine or device, shall be deemed to constitute a receipt of money by the person by whom the account is kept.

(a) the depositing of money to the credit of the account by the person in whose name the account is kept or by another person;

(b) without limiting the generality of paragraph (a), the transferring of money to the credit of the account from another account of the person in whose name the account is kept or from an account of another person;

(d) the transferring of money between ledgers or divisions in an account where different terms and conditions apply in respect of those ledgers or divisions.

(5) Where a receipt arises by virtue of the crediting of an account, the receipt shall be regarded as a receipt of money in the Territory if the account was established at an office or branch of a financial institution situated:

(b) outside the Territory but has been transferred (and was last transferred) to an office or branch situated in the Territory.

(a) an account kept by a financial institution is debited by the financial institution with an amount that is to be invested, on the instructions of the person on whose behalf the account is kept, with the financial institution; and

(b) there is no corresponding credit to an account that constitutes a dutiable receipt for the purposes of this Act,

the amount so debited shall be regarded as a receipt of money by the financial institution.

(7) Where a financial institution provides cash to a person in exchange for a cheque, the financial institution shall not be regarded as having received money, except to the extent that the value of the cheque exceeds the amount of cash given in exchange.

(8) Where a financial institution provides a cheque to a person in exchange for cash, the financial institution shall not be regarded as having received money, except to the extent that the amount of cash exceeds the value of the cheque given in exchange.

(1) Subject to this section, a receipt to which this Act applies is a dutiable receipt.

(b) a receipt of money in the course of short-term dealings during a month by a registered financial institution that is a certified short-term dealer, being a receipt taken into consideration in ascertaining the average daily liability of the financial institution during that month;

(c) a receipt of money by a registered financial institution, being the repayment of moneys that have been invested in the course of short-term dealings by, or on behalf of, the financial institution;

(d) a receipt of money by a registered financial institution for the credit of an account held by another registered financial institution;

(i) the receipt results from the drawing of a commercial bill to replace an expired bill;

(ii) the commercial bill is for the same amount, the same term and in the same name as the expired bill; and

(iii) duty has been paid by the financial institution on the receipt by the financial institution of the amount for which the bill was first drawn;

(f) a receipt by a registered financial institution of so much money as does not represent interest paid on the investment, resulting from the closing of an account with the financial institution, where the money is credited to another account with the financial institution having the same terms and conditions as the closed account;

(i) a management company from a person who is the trustee or representative for the purposes of a deed relating to the managing company in accordance with the Corporations Act 2001 or a corresponding law in force in a State or another Territory of the Commonwealth; or

(h) a receipt of money by a trustee corporation from the estate of a deceased person committed to the management of the trustee company or the Public Trustee;

(j) a receipt of money by a registered financial institution, being the crediting to an account of the financial institution of an amount of interest on a loan made by that financial institution to a person who is not a financial institution;

(k) a receipt of money by a registered financial institution solely by reason of the making of an entry in an account kept by the financial institution in error, to correct an error or by reason of the dishonour of a cheque;

(m) a receipt of money by a registered financial institution, being a credit to an account that is subsequently offset by a debit of the same amount made solely by reason of the dishonour of a cheque;

(n) a receipt of money by a registered financial institution in consideration of the supply of goods by the financial institution;

(p) a receipt of money by a registered financial institution from, or on behalf of, a person for whose benefit the financial institution has drawn, accepted or endorsed a bill of exchange, being a bill of exchange the term of which is not more than 185 days and value is not less than $50,000 being a receipt to satisfy the amount of the financial institution's engagement on the bill of exchange;

(q) where a registered financial institution is a financial institution by virtue of being so declared under section 3(6) in respect of a part only of its business – a receipt of money in any other part of that registered financial institution's business;

(3) Notwithstanding subsection (2)(a), a receipt to the credit of an exempt account shall, unless the receipt has been credited to an account in the books of the person in whose name the exempt account is kept, be regarded as a dutiable receipt by that person.

(4) Where money is received in the Territory by a registered financial institution (otherwise than by the crediting of an account) for the credit of an account kept by the financial institution and the crediting of that account will constitute a dutiable receipt for the purposes of this Act, the initial receipt is non-dutiable.

(5) Where money is received in the Territory by a registered financial institution (otherwise than by the crediting of an account) for the credit of an account kept by another registered financial institution and the crediting of that account will constitute a dutiable receipt for the purposes of this Act, the receipt by the first-mentioned financial institution is non-dutiable.

(6) Where a registered financial institution satisfies the Commissioner that an entry made in an account of the financial institution, including an account kept by it on behalf of another person, is made by it:

(7) Where a credit of an amount equal to a bad debt is made to an account held by a registered financial institution for the purpose of cancelling the bad debt and closing the account, the crediting of the account does not constitute a dutiable receipt.

(1) For the purposes of this Act, an amount is received by a person in the course of short-term dealing where the amount is received on or before 30 June 2001 and is:

(a) an amount of not less than $50,000 received by that person by way of loan, advance or deposit repayable by him or her:

not being an amount received by a financial institution by way of deposit repayable on demand or for the credit of a current account kept by it for another person;

(b) a repayment of a loan, advance or deposit of not less than $50,000 made by that person within 185 days before the amount is repaid;

(c) an amount (not including a fee or commission) in respect of the issue of securities, bills of exchange (other than cheques), promissory notes or certificates of deposit, the term of which is not more than 185 days;

(d) an amount (not including a fee or commission) in respect of a sale or purchase of securities, the term of which is not more than 185 days;

(e) the proceeds of the sale by that person of a bill of exchange or a promissory note before maturity and not later than 185 days after its acquisition by that person, not being a bill of exchange or a promissory note issued by that person;

(f) the proceeds of the sale by that person of securities or certificates of deposit before maturity and not later than 185 days after their acquisition by the person; or

(g) the amount received by that person on maturity of securities, bills of exchange, promissory notes or certificates of deposit acquired by him or her within 185 days before the amount was received.

(2) A reference in subsection (1) to a bill of exchange, promissory note or certificate of deposit is a reference to a bill of exchange, promissory note or certificate of deposit the value of which is not less than $50,000.

(3) For the purposes of this Act, the average daily liability of a person during a month in respect of short-term dealings is:

(a) where the person is a registered financial institution (not being a person entitled to make application under section 16 for approval of an account as an exempt account) – the amount calculated in accordance with the formula:

(b) where the person is a person in whose name a short-term dealing account is kept by a registered financial institution – the amount calculated in accordance with the formula:

(1) Where the Commissioner is satisfied that a corporation constituted under a law of a State or another Territory of the Commonwealth is a corporation that corresponds to the Public Trustee, the Commissioner may issue a certificate of approval in respect of the corporation.

(b) the Commissioner is satisfied that the corporation no longer corresponds to the Public Trustee,

(1) Subject to this Act, a registered financial institution that receives money during a month is liable to pay financial institutions duty at the rate of 0.06% in respect of each such receipt to which this Act applies.

(3) A financial institution is not liable to pay financial institutions duty on receipts which are received in the Territory only because of there being a central processing computer of the institution located in the Territory which is used to process receipts from other jurisdictions.

Subject to this Act, a short-term dealer is liable to pay financial institutions duty at the rate of 0.005% in respect of the dealer's average daily liability during a month in respect of short-term dealings.

(1) A financial institution may apply to the Commissioner for registration as a financial institution.

(iv) the grounds on which the applicant claims to be a financial institution; and

(v) such other information relating to its activities as the Commissioner may require.

(3) Where the Commissioner is satisfied that the applicant is a financial institution, the Commissioner shall register the financial institution and issue a certificate of registration to the applicant.

(4) Where the Commissioner is satisfied that a registered financial institution is no longer a financial institution, the Commissioner may cancel the registration of the institution.

(b) is a certified short-term dealer but also carries on the business of a financial institution other than short-term dealing,

shall, within 21 days after the end of each month, furnish to the Commissioner a return relating to that month.

(2) A return shall be in writing, in an approved form, and include the following information:

(a) in the case of a financial institution that is not a certified short-term dealer – specify the number and total of the dutiable receipts that were received by the financial institution during the month to which the return relates; and

(b) in the case of a financial institution of the kind referred to in subsection (1)(b) – specify the number and total of the dutiable receipts that were received by the financial institution during the month to which the return relates, not being dutiable receipts received by the financial institution in its capacity as a certified short-term dealer.

(3) A registered financial institution is not required to furnish a return under this section in respect of dutiable receipts that were received by the financial institution on or after 1 July 2001.

(1) A registered financial institution that is a short-term dealer may apply to the Commissioner for certification as a certified short-term dealer.

(iii) a general description of the applicant's business, including the proportion of the business that consists of short-term dealing;

(iv) a description of the kind of short-term dealing engaged in by the applicant;

(vii) such other information relating to its activities as the Commissioner may require.

(3) Where the Commissioner is satisfied that the registered financial institution is a short-term dealer, the Commissioner may issue a certificate to the effect that the institution is a certified short-term dealer.

(4) Where the Commissioner is satisfied that a registered financial institution in respect of which a certificate under this section is in force is no longer a short-term dealer, the Commissioner may cancel the certificate.

(1) Duty is not payable in respect of receipts of a certified short-term dealer in respect of short-term investments.

(2) Duty at a rate of 0.005% is payable on the average daily liability in a month of a certified short-term dealer, being liability arising from the short-term dealings of that certified short-term dealer.

(1) A short-term dealer who is not a registered financial institution may apply to the Commissioner for approval as an exempt account of an account with a registered financial institution, being an account that is used solely for the purpose of short-term dealing.

(iv) the name of the registered financial institution by whom the account is kept;

(vi) the proportion of the applicant's business that consists of short-term dealing;

(vii) a description of the kind of short-term dealing engaged in by the applicant;

(ix) such other information relating to the relevant activities of the applicant as the Commissioner may require.

(b) the account to which the application relates is an account with a registered financial institution; and

the Commissioner may issue a certificate of approval of the account as an exempt account.

(1) A short-term dealer shall, within 21 days after the end of each month, furnish to the Commissioner a return relating to that month.

(2) A return shall be in writing, in an approved form, and shall specify such information as the Commissioner may require, including:

(a) in respect of each day during the month to which the return relates – the sum of the average daily liability of the dealer ascertained for the purposes of symbol B in the formula in section 8(3)(a) or (b), as the case requires; and

(b) the average daily liability of the dealer, calculated in accordance with section 8(3).

(3) A short-term dealer is not required to furnish a return under this section relating to any month after 30 June 2001.

(1) Where a person pays money to an unregistered financial institution, the person is liable to pay to the Commissioner an amount equal to the amount of duty that would have been payable by the financial institution if it were a registered financial institution and were liable to pay duty in respect of the receipt of that money.

(2) A person who is liable under subsection (1) to pay duty shall, within 21 days after the end of the month in which the money was paid to the financial institution, furnish to the Commissioner a return relating to that month specifying the number and total of the payments made to the financial institution during the month.

Penalty: In the case of a natural person – $5,000 or imprisonment for 12 months.

(3) A person is not required to furnish a return under this section in respect of money paid to an unregistered financial institution on or after 1 July 2001.

(1) Where a registered financial institution pays or is liable to pay duty in respect of a dutiable receipt, the person or persons to whose account the amount of the receipt is credited is liable, or are jointly and severally liable, to pay to the financial institution an amount equal to that duty.

(2) For the purposes of calculating the amount to be paid under subsection (1) by a person or persons to a financial institution, where the amount of the liability, when expressed in cents or in dollars and cents, leaves a fraction of a cent remaining, that amount may be rounded off as follows:

(a) if the fraction is 0.5 or less, that fraction shall be disregarded and the amount of the liability shall be taken to be the amount so expressed in cents or in dollars and cents;

(b) if the fraction exceeds 0.5, the amount of the liability shall be taken to be the amount so expressed in cents, or in dollars and cents, plus one cent.

A short-term dealer in respect of whose account a certificate of approval under section 16(3) is in force shall not use the account for a purpose other than short-term dealing.

Penalty: In the case of a natural person – $5,000 or imprisonment for 12 months.

Where for an offence against this Act, or the Taxation Administration Act in relation to a matter to which this Act applies, no other penalty is provided, a person who commits such an offence is liable on being found guilty to a penalty of:

(a) in the case of a natural person – $5,000 or imprisonment for 12 months; and

(1) A financial institution shall, within 21 days after the commencement of this Act or of first receiving receipts in the Territory to which this Act applies, whichever is the later, appoint a public officer of the institution for the purposes of this Act and keep the office of public officer constantly filled.

(2) An appointment of a public officer shall be deemed not to be duly made until after written notice of the appointment, specifying the name of the officer, has been given to the Commissioner.

(3) If a financial institution fails duly to appoint a public officer when and as often as such an appointment becomes necessary under subsection (1), it is guilty of an offence punishable on being found guilty by a fine not exceeding $10 for every day during which the failure continues.

(4) Service of a document at the address for service, or on the public officer, of a financial institution is sufficient service on it for the purposes of this Act and, if at any time there is no public officer, then service on any person acting or appearing to act in the business of the financial institution is sufficient.

(5) The public officer is answerable for the doing of all such things as are required to be done by the financial institution under this Act or the Taxation Administration Act and, in case of default, is liable to the same penalties.

(6) Everything done by the public officer that he or she is required to do in his or her representative capacity shall be deemed to have been done by the financial institution and the absence or non-appointment of a public officer does not excuse the financial institution from the necessity of complying, or from any penalty for failure to comply, with any of the provisions of this Act or the Taxation Administration Act, but the financial institution is liable to comply with the provisions of this Act and the Taxation Administration Act as if there were no requirement to appoint a public officer.

(7) A notice given to or requisition made on the public officer shall be deemed to be given to or made on the financial institution.

(8) Any proceedings under this Act or the Taxation Administration Act taken against the public officer shall be deemed to have been taken against the financial institution, and the financial institution is liable jointly with the public officer for any penalty imposed on the public officer.

(9) Notwithstanding anything contained in this section, and without in any way limiting, altering or transferring the liability of the public officer of a financial institution, every notice, process or proceeding that, under this Act or the Taxation Administration Act, may be given to, served on or taken against the financial institution or its public officer may, if the Commissioner thinks fit, be given to, served on or taken against any director, secretary or other officer of the financial institution or any attorney or agent of the financial institution, and that director, secretary, officer, attorney or agent has the same liability in respect of that notice, process or proceeding as the financial institution or public officer would have had if it had been given to, served on or taken against the financial institution or public officer.

Nothing contained in a contract entered into before 1 December 1989 between a financial institution and another person from whom it receives money prevents the financial institution from recovering from that person the amount of duty payable by the financial institution in respect of that receipt.

(1) Where a registered financial institution is unable reasonably to comply with the provisions of this Act requiring it to furnish to the Commissioner a return or returns under section 13 relating to one or more of the months of January, February, March, April, May and June 1990 before the date on which, under this Act, a return under that section relating to each month is required to be furnished, the financial institution may, not later than 21 February 1990 make application to the Commissioner for an extension under this section.

(2) An application under subsection (1) by a registered financial institution shall state:

(b) the basis on which the financial institution proposes to estimate the amount of duty it proposes to pay under this Act in relation to each such month.

(3) The Commissioner may grant an extension to a registered financial institution that makes application under this section, as the Commissioner thinks fit.

(a) pays, before the 21st day of the month following each month in relation to which it is given an extension under this section, the estimated amount of duty specified in its application in relation to that month;

(b) furnishes, not later than the 21st day of the month following the latest month in respect of which it is given the extension, a return in accordance with this Act in respect of each month to which the extension relates; and

(c) pays to the Commissioner the amount (if any) by which the duty payable in accordance with the returns so furnished exceeds the amount of estimated duty paid by the financial institution under this section,

the financial institution shall be deemed to have complied with the provisions of section 13 and such other provisions of Part II as are relevant to that section.

(5) Where the amount by which the duty payable in accordance with returns furnished by a registered financial institution in accordance with subsection (4) is less than the amount of estimated duty paid by the financial institution under this section, the Commissioner shall refund to the financial institution the amount by which the estimated duty exceeds the duty payable.

(1) Where a certified short-term dealer is unable reasonably to comply with the provisions of this Act requiring it to furnish to the Commissioner a return or returns under section 17 relating to one or more of the months of January, February, March, April, May and June 1990 specifying the amounts referred to in that section, the certified short-term dealer may, not later than 21 February 1990, make application to the Commissioner for approval under this section of a method of calculation of the estimated short-term liabilities or short-term investments, as the case may require, during that month in respect of short-term dealings.

(2) An application under subsection (1) by a certified short-term dealer shall state:

(3) The Commissioner may approve the use by a certified short-term dealer who makes application under this section of a method of calculation of the estimated short-term liabilities or short-term investments in respect of short-term dealings by that certified short-term dealer during the month or months to which the application relates as the Commissioner thinks fit.

(4) Where a certified short-term dealer pays before the 21st day of the month following each month in relation to which the certified short-term dealer has been given an approval under this section duty payable under section 15 calculated in accordance with the method of calculation to which the approval relates, the certified short-term dealer shall be deemed to have complied with the provisions of section 17 and such other provisions of Part III as are relevant to that section.

Notwithstanding section 18, in respect of the month of January 1990, a depositor shall furnish the return required by that section not later than 28 February 1990.

(1) A person to whom the Commissioner, under section 16(3), may issue a certificate of approval in respect of an account as an exempt account may, at any time before 21 February 1990, in respect of an account kept by it with a bank, give notice to the bank where that account is kept of its intention to apply to the Commissioner for the issue of a certificate of approval of the account as an exempt account and may request the bank to designate the account as an interim exempt account.

(2) A person who gives notice to the bank under subsection (1) in respect of an account shall forthwith give a copy of the notice to the Commissioner and make an application under section 16 for approval of the account as an exempt account.

(3) Where a notice is given under subsection (1) to a bank, the bank shall designate the account as an interim exempt account.

(4) Where a certificate of approval of an account to which a notice given under subsection (1) to a bank relates is issued under section 16(3), the account shall be an exempt account and shall be deemed to have become such an account on the date on which the notice was given to the bank.

(5) An interim exempt account shall, for the purposes of this Act, be deemed to be an exempt account until:

(b) the Commissioner, by notice of cancellation given to the bank at which the account is kept, directs that the designation of the account as an interim exempt account be cancelled; or

(6) In this section bank includes building society or credit union, as the case may require.

amd = amended od = order
app = appendix om = omitted
bl = by-law pt = Part
ch = Chapter r = regulation/rule
cl = clause rem = remainder
div = Division renum = renumbered
exp = expires/expired rep = repealed
f = forms s = section
Gaz = Gazette sch = Schedule
hdg = heading sdiv = Subdivision
ins = inserted SL = Subordinate Legislation
lt = long title sub = substituted

Financial Institutions Duty Act 1989 (Act No. 65, 1989)
Assent date	10 November 1989
Commenced	1 December 1989 (Gaz S67, 1 December 1989)
Corporations (Consequential Amendments) Act 1990 (Act No. 59, 1990)
Assent date	14 December 1990
Commenced	1 January 1991 (s 2, s 2 Corporations (NT) Act 1990 (Act No. 56, 1990) and Gaz S76, 21 December 1990)
Financial Institutions Duty Amendment Act 1991 (Act No. 24, 1991)
Assent date	11 June 1991
Commenced	1 July 1991 (s 2)
Financial Institutions Duty Amendment Act 1992 (Act No. 53, 1992)
Assent date	18 September 1992
Commenced	1 November 1992 (s 2)
Sentencing (Consequential Amendments) Act 1996 (Act No. 17, 1996)
Assent date	19 April 1996
Commenced	s 7: 19 April 1996; rem: 1 July 1996 (s 2, s 2 Sentencing Act 1995 (Act No. 39, 1995) and Gaz S15, 13 June 1996)
Statute Law Revision Act (No. 2) 1998 (Act No. 92, 1998)
Assent date	11 December 1998
Commenced	ss 7 and 11: 13 January 1999 (Gaz G1, 13 January 1999, p 6); ss 6 and 15: 10 March 1999 (Gaz G9, 10 March 1999, p 2); s 3: 1 April 1999 (Gaz S15, 1 April 1999); s 25: 20 September 1999; rem: 11 December 1998
Statute Law Revision Act 2000 (Act No. 19, 2000)
Assent date	6 June 2000
Commenced	12 July 2000 (Gaz G27, 12 July 2000, p 2)
Financial Institutions Agreement (Consequential Provisions) Act 2000 (Act No. 32, 2000)
Assent date	27 June 2000
Commenced	1 July 2001 (s 2)
Corporations Reform (Consequential Amendments NT) Act 2001 (Act No. 17, 2001)
Assent date	29 June 2001
Commenced	15 July 2001 (s 2, s 2 Corporations Act 2001 (Cth Act No. 50, 2001) and Cth Gaz S285, 13 July 2001)
Statute Law Revision (Financial Provisions) Act 2002 (Act No. 38, 2002)
Assent date	13 September 2002
Commenced	30 October 2002 (Gaz G43, 3 October 2002, p 3)
Revenue Law Reform (Budget Initiatives) Act 2008 (Act No. 23, 2008)
Assent date	30 June 2008
Commenced	pt 1, ss 3, 12(1), 18 and 19: 1 January 2008; ss 7, 10 and 11(1): 6 May 2008; rem: 1 July 2008 (s 2)

Northern Territory Repealed Acts

FINANCIAL INSTITUTIONS DUTY ACT