CTHRepealedAct
Australian Capital Territory Taxation (Administration) Act 1969
58AAPartition of marketable securities
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#### 58AA Partition of marketable securities
Before assessing the duty (if any) to be paid on a transfer executed to give effect to a partition or division of a parcel of marketable securities, the Commissioner shall deduct from the unencumbered value of the marketable securities transferred to the transferee the unencumbered value of the beneficial interest held by the transferee before the transfer in the marketable securities included in that parcel.