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DUTIES ACT 1997 - SECT 137AB When does a liability for duty arise?

DUTIES ACT 1997 - SECT 137AB

When does a liability for duty arise?

137AB When does a liability for duty arise?

A liability for duty charged by this Part arises when a residential land use entitlement is acquired by an allotment of shares or an issue of units to a foreign person otherwise than in circumstances to which Part 5 applies.