DUTIES ACT 2001 - SECT 246H Acquirer must lodge AFAD statement

DUTIES ACT 2001 - SECT 246H

246H Acquirer must lodge AFAD statement

(1) The acquirer under a relevant transaction on which AFAD is imposed, or to which an AFAD exemption or an AFAD concession applies, must, within 30 days after the date of the transaction, lodge a statement in the approved form.

Note—

Failure to lodge the statement is an offence under the Administration Act , section 121 .

(2) In this section—


"AFAD concession" means a concession under section 245F or 245G .