DUTIES ACT 2001 - SECT 514
Repealed Act applies to particular agreements to transfer
DUTIES ACT 2001 - SECT 514
Repealed Act applies to particular agreements to transfer
514 Repealed Act applies to particular agreements to transfer
(1) Subsection
(2) applies if— (a) under section 54 of the repealed Act, stamp duty is
chargeable on a contract or agreement for the sale of property; and
(b) a
transfer of the property to the transferee under the contract or agreement is
entered into on or after the commencement day.
(2) The repealed Act applies
to the transfer of the property to the transferee.
(3) Subsection (4) applies
if— (a) under section 54 of the repealed Act, stamp duty is chargeable on a
contract or agreement for the sale of property; and
(b) the transferee under
the contract or agreement is acting as agent of another person; and
(c) a
transfer of the property to the other person is entered into on or after the
commencement day.
(4) The repealed Act applies to the transfer of the
property to the other person.
