DUTIES ACT 2008 - SECT 193

DUTIES ACT 2008 - SECT 193

193 .         Calculation of duty where statement lodged under s. 201

        (1)         This section applies to the calculation of duty if a statement is lodged under section 201(6) in respect of a relevant acquisition referred to in section 163(1)(c) or (d) that occurred during a period (a relevant period ) provided for by an approval under section 201(2).

        (2)         The Commissioner is not required to make a separate calculation under this Division of duty in respect of each relevant acquisition that occurred during the relevant period.

        (3)         Instead, the Commissioner may calculate the duty under this Division in respect of all relevant acquisitions that occurred during the relevant period as if all such acquisitions had been made by a single relevant acquisition that occurred at the end of the relevant period.

        [Section 193 amended: No. 12 of 2019 s. 88.]