{"id":"C2004A02700","name":"Debits Tax Act 1982","slug":"debits-tax-act-1982","collection":"act","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"141 of 1982","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":7582,"registerId":"commonwealth-C2004A02700-current","compilationNumber":null,"startDate":"2026-03-30","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Short title [see Note 1]","content":"#### 1 Short title \\[see Note 1\\]\n\n  This Act may be cited as the Debits Tax Act 1982.","sortOrder":0},{"sectionNumber":"2","sectionType":"section","heading":"Commencement [see Note 1]","content":"#### 2 Commencement \\[see Note 1\\]\n\n  This Act shall come into operation on the day on which it receives the Royal Assent.","sortOrder":1},{"sectionNumber":"3","sectionType":"section","heading":"Incorporation","content":"#### 3 Incorporation\n\n  The Debits Tax Administration Act 1982 is incorporated and shall be read as one with this Act.","sortOrder":2},{"sectionNumber":"3A","sectionType":"section","heading":"Accounts kept outside Australia","content":"#### 3A Accounts kept outside Australia\n\n  A reference in this Act to a debit made to an account kept outside Australia includes a reference to a debit made to an account (in this section called a non‑bank account) kept outside Australia with a building society, credit union or similar body (including an account kept by way of withdrawable share capital in, or money deposited with, the body) where:\n    (a) another account is kept with a bank in the name of the body; and\n    (b) the non‑bank account has characteristics such that a cheque may be drawn on the bank by the body and, at a time when it is incomplete, be delivered by the body to a customer under an agreement under which:\n    (i) the customer is authorised to fill up the cheque; and\n    (ii) the body is authorised, for the purpose of making a payment to the bank to enable the bank to honour the cheque, to debit the non‑bank account.","sortOrder":3},{"sectionNumber":"4","sectionType":"section","heading":"Imposition of tax","content":"#### 4 Imposition of tax\n\n  Subject to section 4A, tax is imposed in respect of:\n    (a) each taxable debit of not less than $1 made to a taxable account;\n    (b) each eligible debit of not less than $1 made to an exempt account; and\n    (c) each eligible debit of not less than $1 made to an account kept outside Australia where:\n    (i) at the time when the debit is made, the person in whose name, or either or any of the persons in whose names, the account is kept is a resident of Australia; and\n    (ii) it would be concluded that that account was used in connection with the transaction that resulted in the debit for the purpose, or for purposes that included the purpose, of enabling:\n    (A) the person in whose name, or either or any of the persons in whose names, the account is kept; or\n    (B) any other person;\n    to avoid liability for payment of the tax that would have been imposed if the debit that resulted from that transaction had been made to an account kept in Australia.","sortOrder":4},{"sectionNumber":"4A","sectionType":"section","heading":"Termination of tax","content":"#### 4A Termination of tax\n\n  Tax is not imposed in respect of a debit made on or after 1 January 1991.","sortOrder":5},{"sectionNumber":"5","sectionType":"section","heading":"Amount of tax","content":"#### 5 Amount of tax\n\n  The amount of tax in respect of a taxable debit or eligible debit is the amount set out in column 2 of the Schedule opposite to the reference in column 1 of the Schedule to the range of amounts within which the amount of that debit is included.","sortOrder":6}],"analysis":null,"importantCases":[],"_links":{"self":"/api/acts/debits-tax-act-1982","history":"/api/acts/debits-tax-act-1982/history","analysis":"/api/acts/debits-tax-act-1982/analysis","conflicts":"/api/acts/debits-tax-act-1982/conflicts","importantCases":"/api/acts/debits-tax-act-1982/important-cases","documents":"/api/acts/debits-tax-act-1982/documents"}}