11Stamp duty etc. in relation to instruments under section 9

11 Stamp duty etc. in relation to instruments under section 9

Nothing in this Act prevents a law of a State or Territory (whenever enacted or made) from imposing a liability to pay an amount of stamp duty, or of any other fee or charge, because of the making of an instrument under section 9, if: (a) it is reasonable to expect that a corresponding amount of stamp duty, or of that other fee or charge, would have been payable under a law of that State or Territory if the assets vested in the Company because of the instrument had instead been transferred to the Company by an instrument in writing executed by the parties to the transfer; and (b) the first‑mentioned amount does not exceed what it is reasonable to expect that the corresponding amount would have been.