The Treasury and Revenue Legislation Amendment Act 2023 was announced on 19 September 2023 and received assent on 27 September 2023. The Act will implement measures which are to generally commence on 1 February 2024.

The Treasury and Revenue Legislation Amendment Act guide provides key information relating to the amendments, and how they affect the following Duties transactions:

• Corporate reconstruction and consolidation
• Landholder duty
• Fixed and nominal duty amounts
• Electric vehicle duty exemptions and rebates
• Remissions of interest

The guide is located in the Property professionals resource centre and will be continually updated as additional information and resources become available.