15Necessity for instrument or written statement

15 Necessity for instrument or written statement

15 Necessity for instrument or written statement

(1) If a dutiable transaction that is liable to ad valorem duty under this Chapter or Chapter 2A is not effected by an instrument, the transferee must make a written statement in an approved form.

(2) The written statement must be made within 3 months after the liability arises.

(3) (Repealed)

(4) If a dutiable transaction is completed or evidenced by an instrument within 3 months after the date on which the dutiable transaction occurs, the requirement to lodge a statement and pay duty under this Chapter or Chapter 2A in respect of the statement may be satisfied by the lodgment of and payment of duty on the instrument within 3 months after the date on which the dutiable transaction occurs.

s 15: Am 2000 No 44, Sch 2 [6] [7]; 2003 No 80, Sch 1 [5]; 2016 No 32, Sch 1 [1] [2]; 2017 No 11, Sch 1 [3] [4].