New South Wales Consolidated Acts

DUTIES ACT 1997 - SECT 64A

64A Amalgamation of Western Lands leases

(1) This section applies to the transfer of, or an agreement to transfer, a lease under the Western Lands Act 1901 , being a lease for a purpose specified in an order of the Governor made for the purposes of this section and published in the Gazette.

Note: For orders published under this section see Gazette No 92 of 13.8.1999, p 5743.

(2) The duty chargeable on a dutiable transaction, being the transfer of, or an agreement to transfer, a lease to which this section applies is to be reduced if:

(a) the transferee has transferred another lease under the Western Lands Act 1901 within 3 years before the dutiable transaction, and

(b) the land subject to the dutiable transaction adjoins land held by the transferee under a lease under the Western Lands Act 1901 .

(3) The duty chargeable on the dutiable transaction is to be reduced by the amount of duty paid on the transfer of, or the agreement to transfer, the other lease within 3 years before the dutiable transaction.