654
In forceApplication of existing s 123 concession
Chapter 17Repeal, savings and transitional provisions
Part 19Transitional provisions for Revenue Legislation Amendment Act 2014
654 Application of existing s 123 concession
(1)
This section applies to a dutiable transaction to which section 123 applies if, before the day this section commences, a concession for transfer duty has been provided under chapter 2, part 10 for the dutiable property the subject of the distribution.
(2)
Section 123, as in force immediately before the day this section commences, continues to apply in relation to the dutiable transaction.
This Act’s bill:Explanatory memorandum
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