ACTIn ForceAct
Duties Act 1999
55Transfer to custodian of managed investment scheme
Start here
Get a plain-English read of 55
Turn the raw legal text into a practical explanation grounded in Duties Act 1999.
55 Transfer to custodian of managed investment scheme Duty under this chapter is not payable in relation to a transfer of dutiable property if the commissioner is satisfied that the transfer is— (a) from a responsible entity of a managed investment scheme or a trustee of the responsible entity; and (b) to a custodian or agent of the responsible entity.