s 62
In forceWhat is the dutiable value of a trust acquisition or trust surrender
Chapter 2Transfer duty
Part 8Dutiable transactions relating to trusts
Division 5Dutiable value of trust acquisitions and trust surrenders
62 What is the dutiable value of a trust acquisition or trust surrender
The dutiable value of a trust acquisition or trust surrender is the greater of the following—
(a)
the consideration for the acquisition or surrender so far as the consideration relates to dutiable property, or an indirect interest in dutiable property, held by the trust;
(b)
the value of the acquisition or surrender worked out under section 63.
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