Duties Act 1997
36Abolition of duty on transfers of statutory licences or permissions and gaming machine entitlements
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36 Abolition of duty on transfers of statutory licences or permissions and gaming machine entitlements
36 Abolition of duty on transfers of statutory licences or permissions and gaming machine entitlements
(1) On and from 1 July 2016, a statutory licence or permission, or a gaming machine entitlement, is not dutiable property (despite section 11).
(2) Subsection (1) does not apply in respect of any transfer or transaction with respect to statutory licences or permissions, or gaming machine entitlements, that occurs before 1 July 2016 and, accordingly, does not affect any requirement to pay duty under this Chapter in respect of the transfer or transaction.
(3) In this section—
gaming machine entitlement means a gaming machine entitlement within the meaning of the Gaming Machines Act 2001.
statutory licence or permission means a statutory licence or permission under a New South Wales law.
s 36: Rep 2000 No 44, Sch 2 [14]. Ins 2006 No 49, Sch 1 [9]. Am 2008 No 48, Sch 1 [6]; 2008 No 122, Sch 1.1 [8]; 2011 No 72, Sch 5.2 [1]; 2012 No 46, Sch 1.1 [1]; 2013 No 50, Sch 1 [10]–[12]. Subst 2014 No 37, Sch 1 [4].