[s. 19 and 20]
Column 1 Provision of section 11 |
Column 2 Dutiable transaction |
Column 3 When liability for transfer duty arises |
Column 4 Person liable to pay transfer duty |
---|---|---|---|
Transfer |
When the property is transferred |
Transferee | |
Agreement for transfer |
When the agreement is made |
Purchaser or transferee | |
Declaration of trust |
When the declaration is made |
Person making the declaration | |
Vesting by statute law |
When the vesting takes place |
Person in whom the property is vested | |
Vesting by court order |
When the order is made |
Person in whom the property is vested | |
Foreclosure of mortgage |
When the foreclosure order is made |
Mortgagee | |
Acquisition of new dutiable property |
The earlier of the following — (a) when the property
is acquired; or |
Person that acquires the property | |
| |
(b) if an instrument
evidences the
acquisition, when the
instrument
is executed | |
Surrender of special dutiable property |
When the surrender takes place |
Person to whom the interest is surrendered; or | |
| | |
in the case of a surrender referred to in section 18(caa), the person to whom
the new lease is, or is to be, granted in accordance with the agreement,
arrangement or understanding; or |
| | |
in the case of a surrender referred to in section 18(f), the person to whom
the mining tenement is granted in accordance with the agreement; or |
| | |
in the case of a surrender referred to in section 18(g), (ga), (gb) or (gc),
the person that paid the consideration for the surrender |
A trust acquisition or trust surrender |
When the interest in the trust is acquired or surrendered |
Person that is the trustee of the discretionary trust | |
A partnership acquisition |
The earlier of the following — (a) when the
partnership interest is
acquired; or (b) if the acquisition
is evidenced
by an instrument,
when the
instrument is executed
|
Person that acquires the partnership interest | |
A concessional farm-in transaction |
When the concessional farm-in transaction is made |
The farmee |
[Schedule 1 amended: No. 12 of 2019 s. 130; No. 37
of 2022 s. 13; No. 4 of 2023 s. 119.]