DUTIES ACT 2001 - SECT 8
Imposition of transfer duty
DUTIES ACT 2001 - SECT 8
Imposition of transfer duty
(1) This chapter imposes duty (
"transfer duty" ) on dutiable transactions. Notes— 1 Concessions and
exemptions for transfer duty are dealt with in parts 8A to 13 . Also, other
exemptions are dealt with in chapter 10 .
2 Additional foreign acquirer duty
is imposed on particular dutiable transactions under chapter 4 .
(2)
Transfer duty is imposed on the dutiable value of a dutiable transaction.