Document ID: chunk:federal_register_of_legislation:C2008A00054:clause:3_4
Version: federal_register_of_legislation:C2008A00054
Segment Type: clause
Provision Reference: sch 3 cl 4
Character Range: 4553–5743

4  Exemption from stamp duty etc. relating to certain private health insurers becoming companies

(1) Stamp duty, or any other tax, imposed under a law of a State or Territory is not payable in relation to a thing done (including, for example, a transaction entered into or an instrument or document made, executed, lodged or given) for the purpose of, because of or as a result of the registration of a body as a company if:
 (a) the thing is done after the commencement of this item and before 1 January 2010; and
 (b) at the time the thing is done, the body is a private health insurer; and
 (c) the registration as a company is solely for the purpose of avoiding the body's registration as a private health insurer being cancelled under paragraph 126‑45(1)(c) of the Private Health Insurance Act 2007.

(2) In this item:
company means a company within the meaning of the Corporations Act 2001.
private health insurer means a person registered under Part 4‑3 of the Private Health Insurance Act 2007, and includes a body that is taken to be a private health insurer because of section 18 of the Private Health Insurance (Transitional Provisions and Consequential Amendments) Act 2007.