Co-operatives — exemption

Circumstances/Transactions:

A transfer of dutiable property to a co-operative because of, or giving effect to sections 413 or 472 of the Co-operatives National Law Application Act 2013 (the Act) in respect of a merger. 
 

Evidence:

1. The Digital Duties Form.
2. A statutory declaration by an authorised officer of the transferee stating:
   • The capacity of the person making the declaration.
   • The capacity in which the transferee will be holding the property.
   • Whether the transfer of real property is because of, or to give effect to, section 413 of the Act.
   • Whether the transfer of real property is because of, or to give effect to, section 472 of the Act in respect of a transfer of engagements.
   • Whether the transfer of real property is because of, or to give effect to, section 472 of the Act in respect of a merger if the co-operative formed by the merger is a non-trading co-operative within the meaning of the Act.
3. Any documentary evidence in support of the above.