24Saving provision for State taxing law where place becomes a Commonwealth place

24 Saving provision for State taxing law where place becomes a Commonwealth place

(1) This section applies if a State taxing law ceases, or ceased, to have effect in relation to a place at a particular time because the place becomes, or became, a Commonwealth place at that time. (2) The following things are not affected: (a) the previous operation of the State taxing law before that time; (b) any right, privilege, obligation or liability acquired, accrued or incurred under the State taxing law; (c) any penalty, forfeiture or punishment incurred in respect of an offence against the State taxing law; (d) any investigation, legal proceeding or remedy in respect of any right, privilege, obligation, liability, penalty, forfeiture or punishment referred to in paragraph (b) or (c). (3) Any penalty, forfeiture or punishment referred to in paragraph (2)(c) may be imposed as if the State taxing law had not ceased to have effect. (4) An investigation, legal proceeding or remedy referred to in paragraph (2)(d) may be instituted, continued or enforced as if the State taxing law had not ceased to have effect. (5) This section is not intended to affect the operation of any State taxing law.