sec.404How part applies to particular transactions

### sec.404 How part applies to particular transactions For this part— an application to transfer a vehicle is treated as an agreement for the transfer of dutiable property to the applicant transferee from the applicant transferor; and a vesting of dutiable property by, or expressly authorised by, statute law is treated as a transfer of the property to the person in whom it is vested from its owner immediately before the vesting takes place; and a vesting, under a court order, of dutiable property is treated as a transfer of the property to the person in whom it is vested from its owner immediately before the order is made; and a surrender of dutiable property is treated as a transfer of the property to the person to whom it is surrendered from the person who surrenders it; and a partnership acquisition is treated as a transfer of dutiable property to the partner from the former owner; and a trust acquisition, under which a person becomes a beneficiary or the person’s trust interest increases because of a transfer, or agreement for the transfer, of a trust interest, is treated as a transfer of dutiable property to the acquiring beneficiary from the transferor. s 404 amd 2006 No. 44 s 49 ; 2016 No. 64 s 8 - (a) an application to transfer a vehicle is treated as an agreement for the transfer of dutiable property to the applicant transferee from the applicant transferor; and - (b) a vesting of dutiable property by, or expressly authorised by, statute law is treated as a transfer of the property to the person in whom it is vested from its owner immediately before the vesting takes place; and - (c) a vesting, under a court order, of dutiable property is treated as a transfer of the property to the person in whom it is vested from its owner immediately before the order is made; and - (d) a surrender of dutiable property is treated as a transfer of the property to the person to whom it is surrendered from the person who surrenders it; and - (e) a partnership acquisition is treated as a transfer of dutiable property to the partner from the former owner; and - (f) a trust acquisition, under which a person becomes a beneficiary or the person’s trust interest increases because of a transfer, or agreement for the transfer, of a trust interest, is treated as a transfer of dutiable property to the acquiring beneficiary from the transferor.