Australian Capital Territory Current Acts

DUTIES ACT 1999 - SECT 115HF

    (1)     The commissioner must exempt a chapter 3 transaction from duty if satisfied that—

        (a)     a chapter 3 property is transferred as part of the transaction from an apparent purchaser to the real purchaser; and

        (b)     the property is vested in the apparent purchaser on trust for the real purchaser; and

        (c)     the real purchaser provided the money for the purchase of the property.

    (2)     In this section:

"purchase" includes allotment.