107Statement on transfer of property

107 Statement on transfer of property S. 107(1) amended by Nos 38/2012 s. 15(1), 18/2023 s. 22(4). (1) A receiving body to whom dutiable property is transferred under Part 3 of the Financial Sector (Transfer and Restructure) Act 1999 of the Commonwealth must lodge a statement with the Commissioner. (2) The statement must specify the dutiable property transferred and the dutiable value of the dutiable property at the time it becomes the property of the receiving body. S. 107(3) amended by No. 69/2011 s. 23. (3) The statement must be lodged within 30 days after the dutiable property becomes the property of the receiving body. S. 108 amended by No. 48/2001 s. 6(4).