50True consideration to be shown

50 True consideration to be shown A party to a transfer referred to in section 46 or to an instrument to which section 49 applies, shall not execute the transfer or instrument unless the transfer or instrument fully and truly sets out the true consideration for the transfer or instrument and all other facts and circumstances, if any, affecting the amount of stamp duty payable under the Stamp Duty Act 1978 in respect of the transfer or instrument. Maximum penalty: 100 penalty units.