(1) The person liable
to pay duty on a dutiable transaction must make a transfer duty statement in
the approved form within the time provided under section 23 for lodging the
statement unless the transaction is effected, or evidenced, by an instrument
in hard copy form.
Penalty: a fine of $20 000.
(2) For the purposes
of subsection (1) and section 23(1)(a), an electronic conveyancing instrument
that has been digitally signed is to be taken to be an instrument in hard copy
form.
[Section 22 amended: No. 2 of 2014 s. 51.]