104ZSInterim payment of duty

104ZS Interim payment of duty

104ZS Interim payment of duty

(1) In this section—

relevant dutiable transaction means an agreement for sale or transfer that is a dutiable transaction.

relevant surcharge duty transaction means an agreement for sale or transfer that is a surcharge duty transaction.

(2) Section 49 applies in respect of residential-related property subject to a relevant surcharge duty transaction in the same way as it applies in respect of dutiable property subject to a relevant dutiable transaction.

(3) For that purpose, references in section 49 are to be read as follows—

(a) a reference to the dutiable value of dutiable property is to be read as a reference to the dutiable value of residential-related property, determined in accordance with this Chapter,

(b) a reference to duty is to be read as a reference to surcharge purchaser duty.

ss 104ZR–104ZT: Ins 2016 No 32, Sch 1 [14].