South Australian Consolidated Acts South Australian Consolidated Acts31A—Duty
on agreements for "walk in walk out" sales of land used for primary production
Notwithstanding section 31, if—
(a) a
contract or agreement in writing provides for the sale as a going concern of
land used wholly or mainly for the business of primary production, together
with stock, implements and other chattels held or used in connection
therewith; and
(b) the
contract or agreement sets out separately the consideration payable for the
land and the consideration payable for stock, implements or other chattels;
and
(c) the
Commissioner certifies in writing on the contract or agreement that he is of
the opinion that the consideration specified as being payable for the land
represents the value of that land,
then the contract or agreement in writing shall be chargeable with stamp duty
as if it related solely to the land mentioned therein and not to the stock,
implements and other chattels.
Note—
No liability to duty arises in relation to an amount received in respect of
rental business after 30 June 2009—see Part 4A Division 1.