Australian Capital Territory Consolidated Acts

DUTIES ACT 1999 - SECT 229A

    (1)     No duty is payable by a taxpayer under this Act for a transaction if—

        (a)     apart from this section, the taxpayer would be charged $20 duty for the transaction under a provision of this Act; and

        (b)     an approval has been given in relation to the taxpayer under the Taxation Administration Act, section 42 (Special arrangements for classes of people) or section 43 (Special arrangements for individual applicants); and

        (c)     the approval states the provision; and

        (d)     the transaction is recorded in a return lodged, or record kept, in accordance with the approval.

    (2)     Section 229 (Minimum amount of duty) does not apply in relation to a taxpayer for a transaction if—

        (a)     an approval has been given in relation to the taxpayer under the Taxation Administration Act, section 42 (Special arrangements for classes of people) or section 43 (Special arrangements for individual applicants); and

        (b)     the transaction is recorded in a return lodged, or record kept, in accordance with the approval.