Australian Capital Territory Numbered Acts

DUTIES ACT 1999 (NO. 7 OF 1999) - SECT 52

(1)     Where—

        (a)     an amount of duty has been paid on a grant of a Crown lease;

        (b)     the lease is surrendered or determined; and

        (c)     part or all of the amount paid in respect of the grant of the lease is refunded under section 178 of the Land (Planning and Environment) Act 1991 ;

there shall be refunded to the person who paid the duty an amount calculated in accordance with the formula where—

    D     is the amount of duty;

    R     is the amount that would be refundable under that section if no deduction were made for administrative expenses; and

    P     is the amount paid in respect of the grant of the lease.

(2)     A refund of duty is not payable unless the person lodges with the Commissioner, within 12 months after the refund referred to in paragraph (1) (c) was made, a written application, with such information as the Commissioner requires to enable the amount of the refund to be calculated.