Bankruptcy or insolvency transfer
Conveyance duty is not imposed under this section if dutiable property in the ACT is transferred as a result of:
- The appointment of a receiver or trustee in bankruptcy; or
- The appointment of a liquidator; or
- To a former bankrupt from the estate of the former bankrupt.
An application for exemption must include documents identifying the transferor being placed in receivership and has a trustee in bankruptcy or a liquidator appointed.
Information on the bankruptcy or insolvency exemption can be located using the information below:
- Duties Act 1999 – Section 71