119
In forceExemption—trust acquisition or surrender in superannuation fund
Chapter 2Transfer duty
Part 13Exemptions for transfer duty
Division 2Exemptions for trusts
119 Exemption—trust acquisition or surrender in superannuation fund
Transfer duty is not imposed on a dutiable transaction that is a trust acquisition or trust surrender of a trust interest—
(a)
of a member in a superannuation fund if the transaction is for the sole purpose of providing superannuation benefits for the member; or
(b)
to the extent the transaction gives effect to a distribution of benefits of a person who was a member of a superannuation fund on the person’s death.
This Act’s bill:Explanatory memorandum
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.