Commonwealth Consolidated Acts

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FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 115S

Vacancy fee recovery--exemption from stamp duty and other State or Territory taxes and fees

    No stamp duty or other tax or fee is payable under a law of a State or a Territory in respect of the vesting of an interest in Australian land under section   115P, or anything connected with the vesting of the interest, if the Treasurer, by notifiable instrument:

  (a)   declares that the interest in the land has vested under that section; and

  (b)   specifies the interest in the land.



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