127
In forceExemption—declaration of charitable trust
Chapter 2Transfer duty
Part 13Exemptions for transfer duty
Division 2Exemptions for trusts
127 Exemption—declaration of charitable trust
Transfer duty is not imposed on a dutiable transaction that is—
(a)
the creation of a trust, that is a charitable trust only, of dutiable property; or
(b)
a trust acquisition in a trust that is a charitable trust only.
This Act’s bill:Explanatory memorandum
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