Listen

Property professionals guide: Duties Act Section 62B

Guide for EDR users to self-assess and process the duty concession for declarations of trust by custodians under Section 62B of the Duties Act.

This EDR assessing guide is provided to assist industry professionals understand the requirements when self-assessing and processing transactions using EDR.

For a comprehensive understanding, it is recommended that this guide is read in its entirety.

Chapters

1. Overview

Introduction to the transfer duty concession for declarations of trust by custodians.
2. Supporting information

Supporting evidence for the declaration of trust made by a custodian.
3. Assessing transfer duty

Assessment criteria that must be met for the fixed rate of duty on a declaration of trust by a custodian.
4. Processing instructions

Instructions on how to process an EDR assessment and other lodgement requirements for Section 62B of the Duties Act.
5. Record keeping

Know what records to retain for audit purposes when claiming the concession under Section 62B of the Duties Act.
Page 1 of 5
Next
1. Overview