59ANomineeing transactions—unquoted marketable securities

#### 59A Nomineeing transactions—unquoted marketable securities 59A Nomineeing transactions—unquoted marketable securities > Duty of $50 is chargeable in respect of a transfer of marketable securities, other than marketable securities that are not dutiable property, between any of the following persons— > > > (a) the beneficial owner, > > > (b) a trustee or nominee of the beneficial owner, > > > (c) a custodian of a trustee or nominee of the beneficial owner, > > > (d) a sub-custodian of a custodian of a trustee or nominee of the beneficial owner, > > but only if— > > > (e) there is no change in the beneficial ownership of the marketable securities, and > > > (f) if the transferee is a person referred to in paragraph (b)–(d), the transferee is to hold the marketable securities solely for another person referred to in paragraph (a)–(c) and there is no contemplation of the marketable securities being held for any other person, and > > > (g) if the transferor is a person referred to in paragraph (b)–(d), the marketable securities were held by the person solely for another person referred to in paragraph (a)–(c) and, since the time when the marketable securities were first transferred or issued to the transferor, no person has held the marketable securities other than solely for a person referred to in paragraph (a)–(c). > > **s 59A:** Ins 2000 No 44, Sch 2 \[16\]. Am 2008 No 122, Sch 1.2 \[5\].