No duty is chargeable under this Chapter in respect of a transfer of dutiable property to, or a declaration of trust over dutiable property to be held on trust for—
(a) a religious, charitable or educational purpose; or
(b) a corporation or body of persons established for a religious, charitable or educational purpose; or
(c) a friendly society.
S. 45A inserted by No. 84/2006 s. 6.