Northern Territory Numbered Acts

REVENUE LAW REFORM (STAMP DUTY) ACT 2007 (NO 27 OF 2007) - SECT 27

After section 28(2)

insert

    (3)     The acquisition of a partnership interest (a partnership acquisition ) is a conveyance.

    (4)     The partnership interest is taken to be a proportionate interest in dutiable property held by or on behalf of the partnership equivalent to the percentage defining the extent of the partnership interest.