47CRegistration of instruments effecting dutiable transaction

47C Registration of instruments effecting dutiable transaction (1) This section applies to an instrument that effects a dutiable transaction, other than the following: (a) a declaration of trust over dutiable property; (b) a cancelled agreement for the sale or transfer of dutiable property;

(c) a grant of a commercial lease with premium. (2) The transferee must lodge the instrument with the registrar-general for registration. Note The registrar-general must register an instrument lodged in registrable form (see s 48 (1)). (3) If the instrument is an agreement for the transfer of dutiable property in conformity with the agreement, it must be lodged with the registrar-general within 14 days after the day the agreement is completed, or any longer time determined by the commissioner. (4) A determination is a notifiable instrument. commercial lease with premium—see the Duties Act 1999, section 6A. dutiable property—see the Duties Act 1999, section 10. dutiable transaction—see the Duties Act 1999, section 7 (2). transfer—see the Duties Act 1999, dictionary.