New South Wales Consolidated Acts

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DUTIES ACT 1997 - SECT 219

Additional advances of not more than $10,000 in 12 months

219 Additional advances of not more than $10,000 in 12 months

Duty is not chargeable on additional advances secured by or under a mortgage if the total of the additional advances so secured does not exceed $10,000 in any 12-month period, not being the period of 12 months following the making of the initial advance.


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