Duties Regulation 2023

This regulation is the Duties Regulation 2023.

A person need not prepare an acquisition statement in relation to a relevant acquisition made by the person if the rate of duty for the relevant acquisition is nil.

In this section:

rate of duty, for a relevant acquisition, means the rate at which an amount of duty is payable for the relevant acquisition determined under the Taxation Administration Act 1999, section 139 for the Act, sections 90 to 90B.