Duties Act 1997

Part 2 of Chapter 2 applies, subject to this Part and to any other necessary modifications, in respect of surcharge duty transactions and surcharge purchaser duty in the same way as it applies in respect of dutiable transactions and the duty chargeable under Chapter 2.

For the purposes of this Chapter, references in Part 2 of Chapter 2 are to be read as follows—

a reference to a dutiable transaction is to be read as a reference to a surcharge duty transaction,

a reference to dutiable property is to be read as a reference to residential-related property,

a reference to duty chargeable under Chapter 2 or to ad valorem duty is to be read as a reference to surcharge purchaser duty.

Sections 21 (3) and (4), 25, 26, 28, 29 and 30 (5) do not apply in respect of surcharge duty transactions.