4DSurrender of property amounts to conveyance in certain

4D Surrender of property amounts to conveyance in certain circumstances (1) A person surrenders property: (a) if the person relinquishes, renounces or abandons the (b) if the person owns the property and it is cancelled, abrogated, forfeited or extinguished. (2) A surrender of property is a conveyance of the property if: (a) the surrender results in an accretion to the interest of someone (the conveyee) in property to which the surrender relates; or The surrender of a reversionary interest, or an interest in remainder. (b) the surrender removes a restriction on the right that someone (the conveyee) has to use the property to which the surrender relates; or The surrender of a lease over property.

Stamp Duty Act 1978 17 ( c) the surrender enables someone (the conveyee) to convey the property or substantially similar property to a third person. The surrender of an easement.