Australian Capital Territory Numbered Acts

DUTIES ACT 1999 - SECT 7

(1)     This Chapter charges duty on—

        (a)     a transfer of dutiable property; and

        (b)     the following transactions:

              (i)     an agreement for the sale or transfer of dutiable property;

              (ii)     a declaration of trust over dutiable property;

              (iii)     a grant of a Crown lease;

              (iv)     a vesting of dutiable property on a merger of corporations, being a merger specifically provided for by a statute or subordinate law of the Territory, a State or another Territory.

(2)     A transfer or transaction referred to in subsection (1) is a dutiable transaction for the purposes of this Act.

(3)     In this section a reference to the granting of a Crown lease shall be read as including a reference to the granting of a new Crown lease over land the subject of a Crown lease that has been surrendered or determined.