DUTIES ACT 2001 - SECT 127 Exemption—declaration of charitable trust
DUTIES ACT 2001 - SECT 127
Exemption—declaration of charitable trust127 Exemption—declaration of charitable trust
Transfer duty is not imposed on a dutiable transaction that is—
(a) the creation of a trust, that is a charitable trust only, of dutiable property; or
(b) a trust acquisition in a trust that is a charitable trust only.