Australian Capital Territory Numbered Acts

STAMP DUTIES AND TAXES (AMENDMENT) ACT 1990 (NO. 18 OF 1990) - SECT 21

21. Sections 47 and 48 of the Principal Act are repealed and the following sections substituted:

“47. The transferee under a transfer of a marketable security shall lodge the instrument of transfer with the Commissioner for assessment—

        (a)     if the transfer is executed in the Territory—within 30 days after the date of its execution; or

        (b)     in any other case—within 3 months after the date of its execution.

“48. The payment of stamp duty on a transfer of a marketable security shall be denoted by impressed stamp on the instrument of transfer.”.