STAMP DUTIES ACT 1923 - SECT 60B
STAMP DUTIES ACT 1923 - SECT 60B
60B—Refund of duty where transaction is rescinded or annulled
(1) Where a party to
an instrument of a kind that is registrable under the
Real Property Act 1886 satisfies the Commissioner, upon application made
to him not later than 5 years after execution of the instrument—
(a) that
he has paid duty upon the instrument; and
(b) that
the transaction in respect of which the instrument was executed has been
frustrated or avoided or has miscarried through failure of a party to comply
with a condition,
the applicant shall be deemed to be possessed of stamped material rendered
useless by being inadvertently spoiled within the meaning of section 106,
and the provisions of that section shall apply accordingly.