64EChange of financial institution

64E Change of financial institution (a) an individual and a financial institution enter into a scheme in relation to land in the ACT under section 64A, section 64B, section 64C or section 64D; and (b) the financial institution transfers the land to another financial institution (the first transfer) on the condition that the other financial institution will transfer the land to the individual in accordance with the scheme; and (c) the other financial institution transfers the land to the individual in accordance with the scheme (the second transfer). (2) Duty under this chapter is not payable in relation to the first transfer or second transfer.