New South Wales Consolidated Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]
DUTIES ACT 1997 - SECT 153
When must duty be paid?
153 When must duty be paid?
(1) A tax default does not occur for the purposes of the
Taxation Administration Act 1996 if duty is paid within 3 months after the
liability to pay the duty arises.
(2) However, in the case of a
relevant acquisition resulting from the application of section 161 (1) and
(2AA) to an agreement to purchase or issue a share in a landholder, a tax
default does not occur for the purposes of the Taxation Administration Act
1996 if duty is paid within 3 months after the agreement is completed.
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback