301Registration of transactions and instruments

#### 301 Registration of transactions and instruments 301 Registration of transactions and instruments > > (1) A person must not register in a register of legal or beneficial interests in dutiable property a dutiable transaction, an instrument that effects a dutiable transaction or an instrument chargeable with duty unless— > > > > > (a) it is duly stamped, or > > > > > (b) it is stamped by the Chief Commissioner or in a manner approved by the Chief Commissioner, or > > > > > (c) it bears an endorsement, or is otherwise effected, in accordance with an approval under section 37 of the [Taxation Administration Act 1996](/view/html/inforce/current/act-1996-097). > > > > Maximum penalty—100 penalty units. > > > > Note. > > > > An offence against subsection (1) committed by a corporation is an executive liability offence attracting executive liability for a director or other person involved in the management of the corporation—see section 121 of the [Taxation Administration Act 1996](/view/html/inforce/current/act-1996-097). > > > (2) In the case of a dutiable transaction that is also a surcharge duty transaction, the transaction or instrument referred to in subsection (1) must be stamped or endorsed, in accordance with Part 5 of Chapter 2A, in a manner that indicates— > > > > > (a) that purchaser duty has been paid in respect of the transaction or that the transaction is not chargeable with purchaser duty, and > > > > > (b) that surcharge purchaser duty has been paid in respect of the transaction or that the transaction is not chargeable with surcharge purchaser duty. > > **s 301:** Am 1998 No 104, Sch 2 \[36\]; 2001 No 22, Sch 1 \[21\] \[22\]; 2004 No 33, Sch 4 \[6\]; 2008 No 67, Sch 1 \[54\]; 2012 No 97, Sch 1.9 \[9\]; 2016 No 32, Sch 1 \[39\].