New South Wales Consolidated Acts

DUTIES ACT 1997 - SECT 106

106 Definitions

In this Part:
"assign" or "assignment" includes transfer, and a reference to the assignment of a right under a call option includes a reference to a transfer of the call option.
"call option" means a right to require a person to sell dutiable property that is conferred by an agreement or arrangement (being an agreement or arrangement that is not a dutiable transaction).
"put option" means a right to require a person to purchase dutiable property that is conferred by an agreement or arrangement (being an agreement or arrangement that is not a dutiable transaction).