sec.414Exemption—particular duties for charitable institutions

### sec.414 Exemption—particular duties for charitable institutions Duty is not imposed on the following— a dutiable transaction under which a charitable institution acquires dutiable property; a dutiable transaction that is— the creation or termination of a trust of dutiable property for the benefit of a charitable institution; or a trust acquisition or trust surrender by a charitable institution; a premium for general insurance for property or undertaking of a charitable institution; an application to register or transfer a vehicle in the name of a charitable institution. Subsection (1) applies only if the use requirements under division 2 are complied with. s 414 amd 2005 No. 60 s 36 sch 2 ; 2006 No. 44 s 53 ; 2008 No. 39 s 9 ; 2010 No. 15 s 98 sch 3 (sec.414-ssec.1) Duty is not imposed on the following— a dutiable transaction under which a charitable institution acquires dutiable property; a dutiable transaction that is— the creation or termination of a trust of dutiable property for the benefit of a charitable institution; or a trust acquisition or trust surrender by a charitable institution; a premium for general insurance for property or undertaking of a charitable institution; an application to register or transfer a vehicle in the name of a charitable institution. (sec.414-ssec.2) Subsection (1) applies only if the use requirements under division 2 are complied with. - (a) a dutiable transaction under which a charitable institution acquires dutiable property; - (b) a dutiable transaction that is— (i) the creation or termination of a trust of dutiable property for the benefit of a charitable institution; or (ii) a trust acquisition or trust surrender by a charitable institution; - (i) the creation or termination of a trust of dutiable property for the benefit of a charitable institution; or - (ii) a trust acquisition or trust surrender by a charitable institution; - (c) a premium for general insurance for property or undertaking of a charitable institution; - (d) an application to register or transfer a vehicle in the name of a charitable institution. - (i) the creation or termination of a trust of dutiable property for the benefit of a charitable institution; or - (ii) a trust acquisition or trust surrender by a charitable institution;