517
In forceRepealed Act applies to particular dispositions of units in unit trust schemes
Chapter 17Repeal, savings and transitional provisions
Part 2Savings and transitional provisions for repeal of Stamp Act 1894
Division 3Provisions for transfer duty
Subdivision 1Provisions for continuing repealed Act for particular transactions
517 Repealed Act applies to particular dispositions of units in unit trust schemes
(1)
Subsection (2) applies if—
(a)
under section 56B of the repealed Act, stamp duty is chargeable on an agreement to dispose of units in a unit trust scheme; and
(b)
a disposition of the units under the agreement is made on or after the commencement day.
(2)
The repealed Act applies to the disposition.
This Act’s bill:Explanatory memorandum
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