Chapter 1 Preliminary

1   Name of Act

This Act is the Duties Act 1997.

2   Commencement

This Act commences on 1 July 1998.

3   What does this Act do?

This Act creates and charges a number of duties.

Note. Each duty is dealt with in a separate Chapter of this Act. The Contents pages list the Chapters and their subject-matter.

4   What is a duty?

A duty charged by this Act is, when a liability to pay the duty is created, a debt due to the State of New South Wales.

5   Arrangements for payment of duties

This Act does not contain all the provisions concerning duties. This Act is to be read together with the Taxation Administration Act 1996. The Taxation Administration Act 1996 contains provisions that deal with, for example:

•  how assessments of duty are made

•  how assessments can be challenged

•  what happens if duty is not paid on time

•  how unpaid duty may be recovered

•  what records must be kept by taxpayers

•  how decisions made under this Act can be challenged

•  the investigative powers of tax administrators.

6   Meaning of words and expressions used in this Act

Words and expressions used in this Act (or in any particular provision of this Act) that are defined in the Dictionary at the end of this Act have the meanings set out in the Dictionary.

7   Notes in the text

Notes included in this Act are explanatory notes and do not form part of this Act.