69
In forceReduction of duty—payment in non-Australian jurisdiction
Chapter 2Transactions concerning dutiable property
Part 5Exemptions and concessional rates of duty
Division 6Exemptions and concessions in relation to marketable securities
69 Reduction of duty—payment in non-Australian jurisdiction
(1)
The amount of duty chargeable under this Chapter in respect of a transfer of marketable securities is to be reduced by the amount of duty of a similar kind paid in relation to the transfer in accordance with the law of a place outside Australia.
(2)
In this section, a reference to a transfer of marketable securities includes a reference to a dealing or arrangement affecting marketable securities by means of a dutiable transaction other than a transfer.
Ch. 2 Pt 5 Div. 7 (Heading and ss 69AA–69AI) inserted by No. 28/2011 s. 19.
Division 7—Young farmers
S. 69AA inserted by No. 28/2011 s. 19.
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