Australian Capital Territory Repealed Acts

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This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 33

Stamp duty exemption for certain cooperatives

    (1)     This section applies to a cooperative that—

        (a)     has as its primary activity the providing of any community service or benefit; and

        (b)     was, before it was incorporated under this Act, an unincorporated club, association or body operating to provide sporting or recreational facilities for its members and not carried on for the financial profit of its members.

    (2)     An instrument transferring to a cooperative to which this section applies any property that was, immediately before the cooperative was incorporated, held by or on behalf of the unincorporated club, association or body is not chargeable with stamp duty.



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