Commonwealth legislation

Sales Tax (Federal Airports Corporation) Regulations

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Act Number

238 of 1991

Collection

legislative instrument

Plain English Summary

1/10 complexity

These Regulations add the Federal Airports Corporation (FAC) to a list of organizations exempt from Australia’s old sales tax system (the wholesale tax that existed before the GST in 2000).

What it does:

Inserts “Federal Airports Corporation” into Schedule 2 of the Sales Tax Assessment Act (No. 1) 1930
This gives FAC an exemption from sales tax on goods purchased for airport operations

Who it affects:

The Federal Airports Corporation (the government body then managing major airports such as Sydney, Melbourne and Perth)
Businesses selling goods to FAC (who could sell tax-free from 1 August 1991)

When it applies:

Transactions on or after 1 August 1991

Why it matters: Sales tax added roughly 20–30% to wholesale prices. Adding FAC to the exempt list reduced operating costs for Australia’s major airports before they were later privatized.

JSON API Tax / GST / superannuation

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Current sections

Direct links to the current provisions in Sales Tax (Federal Airports Corporation) Regulations.

Sales Tax (Federal Airports Corporation) Regulations

Statutory Rules 1991 No. 2381

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Sales Tax (Federal Airports Corporation)

Regulations

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Sales Tax Assessment Act (No. 1) 1930.

Dated 25 July 1991.

BILL HAYDEN

Governor-General

By His Excellency’s Command,

J. KERIN

Treasurer

____________

Citation

These Regulations may be cited as the Sales Tax (Federal Airports Corporation) Regulations.

Amendment of Act

Schedule 2 to the Sales Tax Assessment Act (No.1) 1930 is amended by inserting, in the proper alphabetical place:

“Federal Airports Corporation”.

Application

The amendment made by regulation 2 applies in relation to transactions, acts and operations effected or done in relation to goods on or after 1 August 1991.

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NOTE

Notified in the Commonwealth of Australia Gazette on 31 July 1991.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Sales Tax (Federal Airports Corporation) Regulations