If a natural person dies (transfer of interest held by natural person)

Circumstances/Transactions:

If, before an arrangement described in section 57A, 57B, 57C or 57D has been completed, the natural person dies and there is a transfer of any interest held by a financial institution to another person by virtue of:

1. a testamentary gift, or
2. the right of survivorship, or
3. the Administration and Probate Act 1958.

A transfer from the financial institution to the other person is exempt.

Evidence:

1. Digital Duties Form.
2. A copy of the duly stamped transfer to the natural person.
3. A statutory declaration by the natural person as transferor stating:
   1. The capacity of the person making the declaration.
   2. The capacity in which the transferor held the property.
   3. Whether the transfer is by virtue of section 57F(b)(i), (ii) or (iii).