Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) This section applies if—
(a) a co-operative that transfers its incorporation under the Co-operatives National Law (ACT) , part 4.3 (Mergers and transfers of engagements), division 2 (Transfer of incorporation), was before its registration as a co-operative under that Law a company under the Corporations Act
; and
(b) stamp duty had been paid on its incorporation as a company in relation to the amount of the nominal capital of the company (or, if the nominal capital was subsequently increased, on the amount of its nominal capital as increased).
(2) Any stamp duty paid must be taken into account and included in assessing the stamp duty payable on its incorporation or registration in accordance with the transfer.