Finance Legislation Repeal Regulation 20121
Select Legislative Instrument 2012 No. 65
I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the Airports (Transitional) Act 1996, the Albury-Wodonga Development Act 1973, the Audit (Transitional and Miscellaneous) Amendment Act 1997, the Australian Industry Development Corporation Act 1970, the Commonwealth Funds Management Limited Act 1990, the Territory Authorities (Financial Provisions) Act 1978 and the Commonwealth Vehicles (Registration and Exemption from Taxation) Act 1997.
Dated 10 May 2012
QUENTIN BRYCE
Governor-General
By Her Excellency’s Command
PENELOPE YING YEN WONG
Minister for Finance and Deregulation
1              Name of regulation
                This regulation is the Finance Legislation Repeal Regulation 2012.
2              Commencement
                This regulation commences on the day after it is registered.
3              Airports (Transitional) Regulations 1998—repeal
                The Airports (Transitional) Regulations 1998 (Statutory Rules (SR) 1998 No. 206) are repealed.
4              Albury-Wodonga Development Regulations—repeal
                The following instruments are repealed:
·           Albury-Wodonga Development Regulations (SR 1974 No. 11);
·           Albury-Wodonga Development Regulations (SR 1974 No. 70).
5              Audit (Transitional and Miscellaneous) Regulations—repeal
                The Audit (Transitional and Miscellaneous) Regulations (SR 1997 No. 390) are repealed.
6              Australian Industry Development Corporation (Liability to Taxation) Regulations—repeal
                The Australian Industry Development Corporation (Liability to Taxation) Regulations (SR 1976 No. 156) are repealed.
7              Commonwealth Funds Management Limited (Conversion from SFIT) Regulations—repeal
                The Commonwealth Funds Management Limited (Conversion from SFIT) Regulations (SR 1991 No. 136) are repealed.
8              Territory Authorities (Financial Provisions) Regulations—repeal
                The following instruments are repealed:
·           Territory Authorities (Financial Provisions) Regulations (SR 1978 No. 82);
·           Territory Authorities (Financial Provisions) Regulations (SR 1978 No. 183);
·           Territory Authorities (Financial Provisions) Regulations (Amendment) (SR 1981 No. 260);
·           Territory Authorities (Financial Provisions) Regulations (Amendment) (SR 1982 No. 149);
·           Territory Authorities (Financial Provisions) Regulations (Amendment) (SR 1988 No. 150).
9              Amendment of Commonwealth Vehicles (Registration and Exemption from Taxation) Regulations 1997
                Schedule 1 amends the Commonwealth Vehicles (Registration and Exemption from Taxation) Regulations 1997.
10            Expiry of regulation
                This regulation expires at the end of the day it commences as if it had been repealed by another legislative instrument.
Schedule 1        Amendments of Commonwealth Vehicles (Registration and Exemption from Taxation) Regulations 1997
(section 9)
  
[1]           Regulation 2, definition of motor cycle
omit
[2]           Regulations 3 to 15 and the Schedule
substitute
3              Bodies corporate that are not Commonwealth authorities
                For the definition of Commonwealth authority in section 3 of the Act, the following bodies corporate are excluded from that definition:
                (a)    Australian Postal Corporation;
               (b)    Defence Housing Australia;
                (c)    Export Finance and Insurance Corporation.
Note
1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.comlaw.gov.au.