Transfer of land to certain authorities and other bodies
Conveyance duty is not imposed on a grant of a Crown lease to a non-commercial Commonwealth authority or in respect of a grant or transfer of land to a hospital, school or a trustee in trust for a hospital or school.
A non-commercial Commonwealth authority means a body corporate (other than an incorporated company, society, or association) that:
- is incorporated for a public purpose by or under a law of the Territory or the Commonwealth; and
- does not have as its sole principal function the carrying on of an activity in the nature of a business, whether or not for profit.
All concessions and exemption applications at the ACT Revenue Office are self-assessed. You are obligated to ensure that all the eligibility criteria have been met (or will be met) before applying for any concession or exemption code in the Buyer Verification Declaration.
You should undertake your own inquiries into the eligibility requirements. This may include obtaining information from this website, legislation, or independent professional advice.