sec.227Deduction—interstate transfer duty for shares

### sec.227 Deduction—interstate transfer duty for shares This section applies if— interstate transfer duty is paid or payable for a transfer, or agreement for the transfer, of shares of a corporate trustee or relevant corporation for a corporate trustee; and the transfer or agreement is a relevant acquisition. Corporate trustee duty imposed on the relevant acquisition must be reduced by the amount of the interstate transfer duty. In this section— interstate transfer duty means a duty in another State equivalent to transfer duty under this Act. s 227 sub 2006 No. 44 s 44 (sec.227-ssec.1) This section applies if— interstate transfer duty is paid or payable for a transfer, or agreement for the transfer, of shares of a corporate trustee or relevant corporation for a corporate trustee; and the transfer or agreement is a relevant acquisition. (sec.227-ssec.2) Corporate trustee duty imposed on the relevant acquisition must be reduced by the amount of the interstate transfer duty. (sec.227-ssec.3) In this section— interstate transfer duty means a duty in another State equivalent to transfer duty under this Act. - (a) interstate transfer duty is paid or payable for a transfer, or agreement for the transfer, of shares of a corporate trustee or relevant corporation for a corporate trustee; and - (b) the transfer or agreement is a relevant acquisition.