South Australian Current Acts

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ELECTRICITY CORPORATIONS (RESTRUCTURING AND DISPOSAL) ACT 1999 - SECT 32

32—Stamp duty

        (1)         No stamp duty is payable under a law of the State in respect of—

            (a)         a transfer, grant or extinguishment effected by a transfer order;

            (b)         any transfer or assignment of assets or liabilities by an electricity corporation to a State-owned company.

        (2)         No person has an obligation under the Stamp Duties Act 1923

            (a)         to lodge a statement or return relating to a transaction referred to in subsection (1); or

            (b)         to include information about such a transaction in a statement or return.



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