Australian Capital Territory Current Acts Australian Capital Territory Current Acts(1) Duty under this chapter is not payable in relation to the following transactions:
(a) a transfer of, or an agreement to transfer, dutiable property from a trustee of a relevant fund or trust to a custodian of the trustee of the fund or trust, if the commissioner is satisfied that there is no change in the beneficial ownership of the property;
(b) a transfer of, or an agreement to transfer, dutiable property from a custodian of a trustee of a relevant fund or trust to a trustee of the fund or trust, if the commissioner is satisfied that there is no change in the beneficial ownership of the property;
(c) a transfer of, or an agreement to transfer, dutiable property from a custodian of a trustee of a relevant fund or trust to another custodian of the trustee of the fund or trust, if the commissioner is satisfied that there is no change in the beneficial ownership of the property.
(2) In this section:
"pooled superannuation trust" means an entity that is a pooled superannuation trust under the Superannuation Industry (Supervision) Act 1993
(Cwlth), section 44.
"relevant fund or trust", in relation to the transfer of dutiable property, means—
(a) a complying superannuation fund; or
(b) a pooled superannuation trust; or
(c) a fund or trust that, in the trustees' opinion, will be a complying superannuation fund or a pooled superannuation trust within 12 months after the day the transfer takes effect.