Australian Capital Territory Numbered Acts

STATE BANK OF SOUTH AUSTRALIA (TRANSFER OF UNDERTAKING) ACT 1994 (NO. 31 OF 1994) - SECT 12

12. (1) No stamp duty is payable under the Stamp Duties and Taxes Act 1987 and no financial institutions duty is payable under the Financial Institutions Duty Act 1987 in respect of—

        (a)     a transfer effected by order of the Treasurer under this Act; or

        (b)     an application or entry made, or receipt given or anything else done for a purpose connected with, or arising out of, such a transfer.

(2) No person has an obligation under the Stamp Duties and Taxes Act 1987 or the Financial Institutions Duty Act 1987 —

        (a)     to lodge a statement or return relating to a matter referred to in subsection (1); or

        (b)     to include in a statement or return a record or information relating to such a matter.