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—
(a) $650,000 in the case of a new home purchase or an off the plan purchase, or
(b) $450,000 in the case of a vacant land purchase.
s 87: Am 1999 No 60, Sch 2 [6]. Rep 2011 No 43, Sch 1 [12]. Ins 2012 No 46, Sch 1.3.