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.