- On 27 June 2011 the Tax Laws Amendment (2011 Measures No.3) Act 2011 received royal assent. Schedule 1 amended the GST Act to allow eligible boats to be GST-free if they are exported by the purchaser or supplier within 12 months and only use for recreational purposes. The amendments extends the GST-free period from 60 days to 12 months.
- The measure takes effect from 1 July 2011
Links to documents