104ZMReduction of duty on transactions involving apparent purchasers

#### 104ZM Reduction of duty on transactions involving apparent purchasers 104ZM Reduction of duty on transactions involving apparent purchasers > > (1) Any surcharge purchaser duty chargeable on a declaration of trust to which section 55 (1) (a) applies is to be reduced by the amount of surcharge purchaser duty (if any) paid on the transfer, or agreement for the sale or transfer, of the identified residential-related property to the apparent purchaser. > > > (2) Any surcharge purchaser duty chargeable on a transfer to which section 55 (1) (b) applies from an apparent purchaser to the real purchaser is to be reduced by the amount of surcharge purchaser duty (if any) paid on— > > > > > (a) any declaration of trust to which section 55 (1) (a) applies made by the apparent purchaser in respect of the residential-related property, and > > > > > (b) the transfer, or agreement for the sale or transfer, to the apparent purchaser. > > **ss 104ZL–104ZO:** Ins 2016 No 32, Sch 1 \[14\].