Certain instruments not liable to duty
70Q Certain instruments not liable to duty
The following instruments are not subject to any duty or charge under any law of a State or Territory or any law of the Commonwealth that applies only in relation to a Territory:
an instrument executed under, or for the purposes of, an order made under this Part;
an eligible parenting plan that confers a benefit in relation to a child, to the extent to which it confers the benefit;
an instrument executed under, or for the purposes of, an eligible parenting plan and that confers a benefit in relation to a child, to the extent to which it confers the benefit.
An eligible parenting plan is a parenting plan:
that is a registered parenting plan within the meaning of subsection 63C(6); and
that is not a maintenance agreement, or, if it is a maintenance agreement, it relates to a child who is not a child of the marriage to which the maintenance agreement relates; and
that:
is made by the parties to a de facto relationship in connection with the breakdown of that relationship; or
relates to a child whose parents (being parties to the plan) were neither married to each other, nor living with each other in a de facto relationship, at the time of the child’s conception.
In this section, a reference to an instrument that confers a benefit in relation to a child includes a reference to an instrument that confers an entitlement to property in relation to a child even though the instrument also deprives the child or another person of an entitlement to other property in relation to the child.
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