56DLodgement of statements by trustees

56D Lodgement of statements by trustees (1) If a person by a relevant acquisition acquires an interest in a land- holding corporation in the capacity of a trustee, the liability to prepare and lodge a statement under section 56K is not affected by the fact that the acquisition is not made by the person beneficially, and this Division applies as if the acquisition had been made beneficially. (2) Where the Commissioner considers that: (a) a beneficiary under a trust is related to another person who has acquired an interest in a corporation; and (b) the beneficiary's interest when combined with that of the related person exceeds the trustee's interest; on payment of the duty payable on the statement required to be lodged under section 56K by the beneficiary any duty paid by the trustee in respect of the acquisition giving rise to the requirement for that statement to be lodged shall be refunded to the trustee.

Stamp Duty Act 1978 59