Duties Act evidentiary requirements: Section 163G

Sec 163G

Significant holdings in goods

1. A detailed submission as to how the 90% is established.
2. Complete financial statements (including balance sheet and notes) for the corporation or unit trust scheme and its linked entities (if any) for the financial year prior to the acquisition. If consolidated financial accounts are supplied, one must provide a detailed allocation of the New South Wales component.
3. Fixed Asset registers of the entity and its linked entities (even if the linked entities do not hold land), as at the date of the relevant acquisition.