NSWIn ForceAct
Duties Act 1997
212Where is property located?
Start here
Get a plain-English read of 212
Turn the raw legal text into a practical explanation grounded in Duties Act 1997.
#### 212 Where is property located?
212 Where is property located?
> > (1) For the purposes of this Chapter, property in the following forms is taken to be located in the place specified—
> >
> > > (a) shares in or securities of a body corporate—
> > >
> > > > (i) in the case of a company within the meaning of the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth—in the place where the company is taken to be registered for the purposes of that Act, or
> > >
> > > > (ii) in any other case—in the place of incorporation of the body corporate,
> >
> > > (b) units in a unit trust scheme—
> > >
> > > > (i) in the place where the register on which the units are registered is kept, or
> > >
> > > > (ii) in the place of residence of the manager of the unit trust scheme, if the register on which the units are registered is not kept in Australia,
> >
> > > (c) debt securities of a Government of a State or Territory of the Commonwealth—in the State or Territory concerned.
>
> > (2) Subsection (1) (a) is declared to be a Corporations legislation displacement provision for the purposes of section 5G of the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth in relation to section 1070A (4) of that Act.
>
> **s 212:** Am 2001 No 34, Sch 4.14 \[14\]; 2005 No 51, Sch 1 \[22\].