DUTIES ACT 2000 - SECT 39 Instruments relating to superannuation

DUTIES ACT 2000 - SECT 39

The following instruments are exempt from duty—

        (a)     an instrument that establishes, or that amends provisions governing, a fund or trust that—

              (i)     at the time of the instrument is; or

              (ii)     within 12 months after the instrument takes effect, in the opinion of the trustees, will be—

a complying superannuation fund, a complying approved deposit fund, a pooled superannuation trust or an eligible rollover fund;

        (b)     an instrument under which an employer agrees to participate in or contribute to a fund that—

              (i)     at the time the employer agrees to participate or contribute is; or

              (ii)     within 12 months after that time, in the opinion of the trustees, will be—

a complying superannuation fund;

        (c)     an instrument that is executed in order to set out or vary the terms of custodial arrangements concerning a fund or trust that—

              (i)     at the time of the instrument is; or

              (ii)     within 12 months after the instrument takes effect, in the opinion of the trustees, will be—

a complying superannuation fund, a complying approved deposit fund, a pooled superannuation trust or an eligible rollover fund (whether or not the instrument contains any other terms).