New South Wales Consolidated Acts

DUTIES ACT 1997 - SECT 104ZS

104ZS Interim payment of duty

(1) In this section--

"relevant dutiable transaction" means an agreement for sale or transfer that is a dutiable transaction.

"relevant surcharge duty transaction" means an agreement for sale or transfer that is a surcharge duty transaction.

(2) Section 49 applies in respect of residential-related property subject to a relevant surcharge duty transaction in the same way as it applies in respect of dutiable property subject to a relevant dutiable transaction.

(3) For that purpose, references in section 49 are to be read as follows--

(a) a reference to the dutiable value of dutiable property is to be read as a reference to the dutiable value of residential-related property, determined in accordance with this Chapter,

(b) a reference to duty is to be read as a reference to surcharge purchaser duty.