Victorian Current Acts

DUTIES ACT 2000 - SECT 57F

If, before an arrangement described in section 57A, 57B, 57C or 57D has been completed, the natural person dies, no duty is chargeable under this Chapter in respect of—

        (a)     the transfer of any interest held by the natural person under the arrangement to another natural person by virtue of—

              (i)     a testamentary gift; or

              (ii)     the right of survivorship; or

              (iii)     the Administration and Probate Act 1958 ; or

        (b)     the transfer of any interest held by the financial institution under the arrangement to another natural person by virtue of—

              (i)     a testamentary gift; or

              (ii)     the right of survivorship; or

              (iii)     the Administration and Probate Act 1958 .

S. 57FA inserted by No. 17/2019 s. 8.