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FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 110 Exemption from stamp duty and other State or Territory taxes and fees

FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 110

Exemption from stamp duty and other State or Territory taxes and fees

  (1)   No stamp duty or other tax or fee is payable under a law of a State or a Territory in respect of the vesting of an interest in Australian land under section   107, or anything connected with the vesting of the interest, if the Treasurer, in writing:

  (a)   declares that the interest in the land has vested under that section; and

  (b)   specifies the interest in the land.

  (2)   An instrument made under subsection   (1) is not a legislative instrument.