02 Feb 1111 Release of draft legislation on GST-Free export of boats
In media release No 2011/023, issued 1 February 2011, the Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, announced the release of draft legislation to extend, from 60 days to 12 months, under certain circumstances, the period in which eligible boats can be exported from Australia GST-free.
This measure was announced in the 2010-11 Budget. The change is to take effect from 1 July 2011.
Consultation closes on 18 February 2011.