Duties Act 1997 No 123
Historical version for 6 January 2012 to 29 January 2012 (accessed 22 December 2014 at 20:13) Current version
Chapter 3Part 2Section 106

106   Definitions

In this Part:

assign or assignment includes transfer, and a reference to the assignment of a right under a call option includes a reference to a transfer of the call option.

call option means a right to require a person to sell dutiable property that is conferred by an agreement or arrangement (being an agreement or arrangement that is not a dutiable transaction).

put option means a right to require a person to purchase dutiable property that is conferred by an agreement or arrangement (being an agreement or arrangement that is not a dutiable transaction).

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