33Shares, units, derivatives and interests (marketable securities)

#### 33 Shares, units, derivatives and interests (marketable securities) 33 Shares, units, derivatives and interests (marketable securities) > > (1) The rate of duty chargeable on dutiable transactions in respect of marketable securities is 60 cents per $100, or part, of the dutiable value of the marketable securities. > > > (2) (Repealed) > > > (3) A minimum rate of duty of $10 is chargeable under this section in respect of a transfer of shares of a corporation that is not the legal or beneficial owner of land in New South Wales. > > > (4) A rate of duty chargeable under this section does not apply to a dutiable transaction that confers a land use entitlement. > > > (5) If a provision of this Chapter provides that a duty of $50 is chargeable in respect of a transfer of marketable securities, and the duty charged at the rate provided for by subsection (1) would be less than $50, the duty chargeable is that lesser amount. > > > (6) This section is subject to section 273, which provides for a minimum duty of $10. > > Note. > > Transactions in respect of shares or units that are quoted on the Australian Securities Exchange or a recognised stock exchange, or interests in such shares or units, are not dutiable transactions (see section 11 (2)). > > **s 33:** Am 1998 No 104, Sch 2 \[8\]; 2000 No 44, Sch 2 \[10\]–\[13\]; 2008 No 122, Sch 1.2 \[4\]; 2009 No 51, Sch 1.5 \[8\] \[9\]; 2012 No 76, Sch 1 \[3\].