62Transfer of property from one superannuation fund to

62 Transfer of property from one superannuation fund to another (1) This section applies to the transfer of dutiable property from one superannuation fund to another for no consideration if the (a) the transfer is made from a complying superannuation fund or from a fund that was a complying superannuation fund within the 12 month period before the transfer was made; and (b) the transfer is made to a complying superannuation fund or to a superannuation fund that, in the opinion of the trustees, will be a complying superannuation fund within 12 months after the transfer is made; and (c) the transfer occurs in connection with a person’s ceasing to be a member of, or otherwise ceasing to be entitled to benefits in respect of, the fund from which the dutiable property is transferred and the person’s becoming a member of, or otherwise becoming entitled to benefits in respect of, the fund to which the dutiable property is transferred. (2) Duty under this chapter is not payable in relation to a transfer to which this section applies.