16Exemption from duty

16 Exemption from duty

16 Exemption from duty

(1) An instrument executed only for—

(a) a purpose ancillary to, or consequential on, the operation of section 8, or

(b) the purpose of giving effect to that section,

shall be exempt from duty under the Duties Act 1997.

(2) An instrument, being an agreement for the sale, conveyance or demise of any property—

(a) from a body corporate created by this Act to another body corporate so created or to a body corporate created by the Roman Catholic Church Communities’ Lands Act 1942, or

(b) from a body corporate created by the Roman Catholic Church Communities’ Lands Act 1942 to a body corporate created by this Act,

shall be exempt from duty under the Duties Act 1997.

(3) Any other instrument to which the only parties are—

(a) one or more bodies corporate created by this Act, or

(b) one or more bodies corporate created by this Act and one or more bodies corporate created by the Roman Catholic Church Communities’ Lands Act 1942,

is exempt from duty under the Duties Act 1997.

s 16: Ins 1986 No 190, Sch 1 (8). Am 1997 No 55, Sch 1.22; 2004 No 91, Sch 1.33.