54BTransfers in relation to corporate collective investment vehicles

54B Transfers in relation to corporate collective investment vehicles

54B Transfers in relation to corporate collective investment vehicles

(1) This section applies to dutiable property over which a CCIV is taken to be a trustee because of section 5A.

(2) Duty of $500 is chargeable for the transfer of dutiable property between a CCIV and a custodian or agent of the CCIV.

(3) Duty of $500 is chargeable for the transfer of dutiable property from a sub-custodian of a custodian of the CCIV to the custodian.

(4) Duty of $500 is chargeable for the declaration of trust over dutiable property—

(a) by a custodian of a CCIV, or

(b) by a sub-custodian of a custodian of a CCIV.

s 54B: Ins 2024 No 90, Sch 1[3].