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Making it easier to complete Digital Duties Forms
Published on 28 July 2022
From 1 August 2022, we’re making it quicker and easier to complete the signing process in the Digital Duties Form.
Currently, if changes are made to a Digital Duties Form, any parties who have already signed are required to re-sign.
From 1 August, a new process will reduce the need for forms to be re-signed.
Changes that do not require re-signing by all parties
The addition or deletion of a concession or exemption will no longer require all parties to re-sign the form – only the transferee.
All other parties will not be required to re-sign the form if:
- a transferor or transferee representative edits a form and only changes data pertaining to the party they represent, and
- the data changed is not in one of the sections listed below.
Changes that still require all parties to re-sign
All parties will still need to re-sign the form if edits are made to certain data.
In the Transferor details and the Transferee details sections, this means changes to:
- Individual/individual other
- Full name
- Remaining on title
- Corporations/Organisations/Associations
- Name
- ACN/ARBN/ABN
- Remaining on title
All parties will also need to re-sign the form if changes are made to the data in these sections:
- Change in beneficial ownership
- Property Details
- Transaction Details
- Sale of Business/Goods
- Water Rights
- Off the Plan
- Sub-sale, nomination and options (purchaser name)
How changing a form affects its signed status
Once any parties affected by the data change have resigned their form, their forms are deemed to be signed as at the date they re-signed. All other parties remain as signed as at the date they originally signed.
If a Digital Duties Form has been unsigned, but there is no change to the data previously entered, the form will automatically revert back to being signed.