New South Wales Consolidated Acts

DUTIES ACT 1997 - SECT 36

36 Abolition of duty on transfers of statutory licences or permissions and gaming machine entitlements

(1) On and from 1 July 2016, a statutory licence or permission, or a gaming machine entitlement, is not dutiable property (despite section 11).

(2) Subsection (1) does not apply in respect of any transfer or transaction with respect to statutory licences or permissions, or gaming machine entitlements, that occurs before 1 July 2016 and, accordingly, does not affect any requirement to pay duty under this Chapter in respect of the transfer or transaction.

(3) In this section--

"gaming machine entitlement" means a gaming machine entitlement within the meaning of the Gaming Machines Act 2001 .

"statutory licence or permission" means a statutory licence or permission under a New South Wales law.