Transferee to notify Commissioner of change in circumstances
57V Transferee to notify Commissioner of change in circumstances
A transferee who has received an exemption from duty under section 57P must lodge a written notice with the Commissioner within 30 days after becoming aware of any circumstances that may result in the residence requirement not being complied with.
A failure of a transferee to comply with subsection (1) does not affect the Commissioner's power to exercise a discretion under section 57T or reassess duty under section 57U.
Ch. 2 Pt 5 Div. 5 (Heading) substituted by No. 28/2017 s. 16, amended by Nos 18/2023 s. 13, 50/2024 s. 24.
Division 5—Pensioner and concession card and eligible first home owner exemptions and concessions
S. 58AA (Heading) substituted by No. 50/2024 s. 25(1).
S. 58AA inserted by No. 18/2023 s. 14.
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