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Duties Act 2000
65Co-operatives and co-operative housing societies
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65 Co-operatives and co-operative housing societies
No duty is chargeable under this Chapter in respect of a transfer of marketable securities—
(a) in a co-operative, if the transfer is made for a consideration of not less than the unencumbered value of the marketable securities; or
(b) in a co-operative housing society.