Duties Act 1999

A person may apply to the commissioner, in writing, for approval to make assessment applications and pay duty electronically.

On application under subsection (1), the commissioner must—

approve the application; or

refuse to approve the application.

An approval may be given subject to conditions stated in the approval.

Examples

1 a condition about the kinds of transactions to which the approval applies

2 a condition about how payment must be made

The commissioner may amend, suspend or cancel an approval given to a person under this section by written notice given to the person.

If the commissioner receives an electronic assessment application in relation to a transaction or instrument in accordance with an approval under this section, the commissioner must—

make an assessment of the duty payable in relation to the transaction or instrument; and

give the person written notice of the assessment stating—

the amount of duty payable; or

that duty is not payable.

Note A person given a notice under s (5) (b) must keep the records required under the Taxation Administration Act, s 57 (2).