104ZOReduction of duty on transfers made on exercise of option to purchase land

#### 104ZO Reduction of duty on transfers made on exercise of option to purchase land 104ZO Reduction of duty on transfers made on exercise of option to purchase land (cf section 64D) > The surcharge purchaser duty chargeable on a transfer of residential land in New South Wales that occurs as a consequence of the exercise of an option to purchase the land is to be reduced by the amount of surcharge purchaser duty (if any) paid on the transfer of the option to the transferee. > > **ss 104ZL–104ZO:** Ins 2016 No 32, Sch 1 \[14\].