Land sold initially to financial institution and then re-sold to natural person

Circumstances/Transactions:

A transfer from a third party to a financial institution pursuant to an agreement entered into between the third party and the natural person acting as agent for the financial institution to enter into a contract of sale for the purchase of land (the first transaction).

The first transaction is dutiable.

Evidence:

1. Digital Duties Form.
2. The transfer to the financial institution.
3. The original or full copy of the contract of sale between the third party and the financial institution.
4. Evidence documenting that the natural person is acting as agent for the financial institution.
5. The agreement made between the natural person and the financial institution.

Lodge documents after settlement directly with the State Revenue Office