New South Wales Consolidated Acts

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DUTIES ACT 1997 - SECT 106

Definitions

106 Definitions

In this Part--

"assign" or
"assignment" includes transfer, and a reference to the assignment of a right under a call option includes a reference to a transfer of the call option.

"call option" means a right to require a person to sell dutiable property that is conferred by an agreement or arrangement (being an agreement or arrangement that is not a dutiable transaction).

"put option" means a right to require a person to purchase dutiable property that is conferred by an agreement or arrangement (being an agreement or arrangement that is not a dutiable transaction).

"residential land" has the same meaning as in Chapter 2A.



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