Duties Act 1997

This Chapter charges duty on certain transactions that are not “dutiable transactions” under Chapter 2 or “surcharge duty transactions” under Chapter 2A.

Note.

Duty is chargeable under this Chapter on the acquisition by a person of a significant interest in a landholder at the same rate as the transfer duty chargeable under Chapter 2. Part 2B of this Chapter charges additional duty, at the same rate as the surcharge purchaser duty chargeable under Chapter 2A, if the person acquiring the significant interest is a foreign person and the landholder concerned is a private landholder.