CTHRepealedAct
Australian Capital Territory Taxation (Administration) Act 1969
58AFPartition of marketable securities
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#### 58AF Partition of marketable securities
In calculating the amount of tax (if any) payable on the registration of a transfer of a marketable security executed to give effect to a partition or division of a parcel of marketable securities, there shall be deducted 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.