Transfers of farm to relative(s) — exemption
Channel: Duties Online System Transaction
Section: s56(1)(a), (2)(a), (3)(a)
Lodgement category: Primary production land
Transaction
Transfers of farms between relatives:
- transferee(s) must be a natural person(s)
- transferor(s) must be a natural person(s).
Read more about the family farm exemption.
Evidence
Duties Online users can only process transfers under this section that are between natural persons who are not acting in the capacity of a trustee under a trust.
- Use the Digital Duties Form.
Lodgement
Lodge before settlement as a system transaction via the 'Retrieve & Claim ELNO Lodgement (Electronic Transfer)' queue in Duties Online.