sec.599Saving of previous provisions for exempt institutions

### sec.599 Saving of previous provisions for exempt institutions This section applies to an assessment for mortgage duty on a mortgage given to secure an advance made— to an exempt institution on the basis of an exemption under chapter 10, part 2, division 1; and before 1 July 2008. From 30 June 2010, the registration of charitable institutions is provided for under the Administration Act , part 11A . See the Administration Act , section 168 in relation to institutions that were, immediately before 30 June 2010, exempt institutions. On and after 1 July 2008, previous sections 417 and 419 continue to apply in relation to the advance. For subsection (2), a reassessment made as required under previous section 419(3) imposing duty in relation to the advance must be made as if the Revenue and Other Legislation Amendment Act 2008 , part 2 had not commenced. If mortgage duty was imposed in relation to the advance because the use requirements under chapter 10, part 2, division 2 would not be complied with, previous section 418 continues to apply in relation to the advance. s 599 ins 2008 No. 39 s 19 amd 2010 No. 15 s 98 sch 3 (sec.599-ssec.1) This section applies to an assessment for mortgage duty on a mortgage given to secure an advance made— to an exempt institution on the basis of an exemption under chapter 10, part 2, division 1; and before 1 July 2008. From 30 June 2010, the registration of charitable institutions is provided for under the Administration Act , part 11A . See the Administration Act , section 168 in relation to institutions that were, immediately before 30 June 2010, exempt institutions. (sec.599-ssec.2) On and after 1 July 2008, previous sections 417 and 419 continue to apply in relation to the advance. (sec.599-ssec.3) For subsection (2), a reassessment made as required under previous section 419(3) imposing duty in relation to the advance must be made as if the Revenue and Other Legislation Amendment Act 2008 , part 2 had not commenced. (sec.599-ssec.4) If mortgage duty was imposed in relation to the advance because the use requirements under chapter 10, part 2, division 2 would not be complied with, previous section 418 continues to apply in relation to the advance. - (a) to an exempt institution on the basis of an exemption under chapter 10, part 2, division 1; and - (b) before 1 July 2008.