You will require this authorisation if you are seeking exemption from paying a stamp duty for a relevant transaction, such as relevant reconstruction transactions and relevant consolidation transactions.
A relevant reconstruction transaction includes transactions such as:
- transfer of dutiable property from one family member to another
- declaration of trust over dutiable property where one family member holds the property on trust for another
- transfer of a licence for a vehicle from one family member to another.
A relevant consolidation transaction includes the formation of a new family by inserting a new head entity between an entity and the shareholders or unit holders of that entity.
A family consists of a parent entity and its subsidiary entities. An entity can be either a corporation or a unit trust scheme.
Please consult the Contact Officer for more information.