Transfer to an incorporated association or the amalgamation of two or more incorporated associations
Channel: Duties Online Complex Transaction
Section: s218 of Associations Incorporation Reform Act 2012
Lodgement category: No double duty
Transaction
A transfer to an incorporated body is exempt under section 218 of the Associations Incorporation Reform Act 2012 (AIR Act) as a transfer to an incorporated association or following the amalgamation of 2 or more incorporated associations (per s21 AIR Act).
Evidence
- Digital Duties Form.
- A copy of the Certificate of Incorporation.
- A statutory declaration by a transferor stating:
- The capacity in which the transferor or transferors held the land or any estate or interest in the land prior to the association’s incorporation or prior to the amalgamation of 2 or more incorporated association.
- Whether the sole reason for the transfer is the incorporation of the transferee pursuant to section 218 of the AIR Act.
Lodgement
Lodge 30 days prior to settlement as a complex transaction via the 'Retrieve & Claim ELNO Lodgement (Electronic Transfer)' queue in Duties Online.