115GExemptions from duty

115G Exemptions from duty (1) The Minister may determine guidelines for exempting from the assessment of duty under this part property that is the subject of a voluntary transfer. (2) Section 115F does not apply to property transferred to a receiving body if, under the guidelines, the transfer is to be exempt from duty under this part. (3) Section 115F does not apply to property transferred to a receiving body unless the transfer would have given rise to a liability to duty under this Act if it had not been a voluntary transfer. (4) A determination under subsection (1) is a disallowable instrument.