NSWIn ForceAct
Duties Act 1997
87Cap on dutiable value of transaction
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#### 87 Cap on dutiable value of transaction
87 Cap on dutiable value of transaction
> An agreement or transfer is not eligible if the dutiable value of the dutiable property that is the subject of the agreement or transfer exceeds—
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> > (a) $650,000 in the case of a new home purchase or an off the plan purchase, or
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> > (b) $450,000 in the case of a vacant land purchase.
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> **s 87:** Am 1999 No 60, Sch 2 \[6\]. Rep 2011 No 43, Sch 1 \[12\]. Ins 2012 No 46, Sch 1.3.