Stamp duty not payable on trustee’s cheques or receipts
(1) In this section, trustee means: (a) a trustee of the estate of a bankrupt; or (b) a trustee of a personal insolvency agreement; or (c) a trustee of a composition or a scheme of arrangement; or (d) a trustee of the estate of a deceased person in respect of which an order has been made under Part XI of this Act. (2) Notwithstanding anything contained in a law of a State or Territory, stamp duty is not payable under such a law: (a) on a cheque drawn by a trustee on an account kept under this Act; (b) on a cheque received by a trustee in his or her capacity as trustee, being a cheque drawn in a State or Territory other than that in which it is received by the trustee; or (c) on a receipt given by a trustee in his or her capacity as trustee.
Sourced from the Federal Register of Legislation at 26 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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