74Taxes

74 Taxes

(1) No stamp duty or other tax is chargeable under any Act in respect of anything done under this Act or in respect of any act or transaction connected with or necessary to be done by reason of this Act, including a transaction entered into or an instrument made, executed, lodged or given, for the purpose of, or connected with—

S. 74(1)(a) amended by Nos 14/1997 s. 10(1)(j), 36/1999 s. 11(f), 11/2024 s. 49(1).

(a) the transfer of property, rights or liabilities of the former SEC to a former SEC company or person or persons nominated by the Minister under section 62A or 62AA as those sections were in force immediately before the commencement of section 42 of the State Electricity Commission Amendment Act 2024.

S. 74(1)(b) amended by Nos 14/1997 s. 10(1)(j), 36/1999 s. 11(f), repealed by No. 11/2024 s. 49(2).

S. 74(2) inserted by No. 11/2024 s. 49(3).

(2) This section applies to an act or transaction referred to in subsection (1) regardless of whether the act or transaction occurred before, on or after the commencement of section 42 of the State Electricity Commission Amendment Act 2024.

S. 75 amended by No. 69/2009 s. 54(Sch. Pt 1 items 19.1, 19.8), repealed by No. 11/2024 s. 50.