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STAMP DUTIES ACT 1920 - SECT 76 Definition of lease

This legislation has been repealed.

STAMP DUTIES ACT 1920 - SECT 76

Definition of lease

76 Definition of lease

(1) For the purposes of this Act the expression "lease" includes any promise of or agreement for a lease of any property, and includes any instrument (not being an instrument liable to ad valorem duty as a conveyance) whereby a right to use at or during any time or times any property in New South Wales for any purpose whatever is conferred on or acquired by any person (who shall be deemed to be the lessee), but does not include any clause in a mortgage providing for attornment by a mortgagor or a hiring arrangement as defined in section 74D of this Act.
(2) A lease made subsequently to and in conformity with any such promise or agreement duly stamped is to be charged with the duty of fifty cents.