📘 Duties Amendment Act 2011
027 of 2011Assented 11 July 2011
The Duties Amendment Act 2011 amends the Duties Act 2008 to provide an exemption from duty (tax) on the transfer of vehicle licenses between spouses or de facto partners of 2 years, subject to certain conditions.
Impact
Married couples and de facto partners of 2 years transferring vehicle licenses will benefit from a duty exemption, reducing costs associated with the transfer. This applies if the vehicle is used for social, domestic or pleasure purposes.
Sectors
transportfinance
This Act originated as a bill
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