(1) An application under this Division is to be made to the Chief Commissioner
in an approved form.
(2) If the land to which the transfer relates is or
includes land under the Real Property Act 1900 , the application must be
accompanied by an undertaking from the transferee in an approved form that--
(a) the duty that would be payable on the transfer but for the granting of an
exemption under this Division will be paid if the transferee does not become
the registered proprietor of the land within 3 months (or such longer period
as the Chief Commissioner may at any time determine and notify in writing to
the transferee) after the transfer is stamped as exempt from the payment of
duty, and
(b) the transferee will, within 1 month after becoming the
registered proprietor of the land (or such longer period as the Chief
Commissioner may at any time determine and notify in writing to the
transferee), provide evidence of that fact to the satisfaction of the Chief
Commissioner.