Duties Act 1997 No 123
Current version for 1 December 2014 to date (accessed 2 February 2015 at 11:14)

87Y   Reassessment of duty payable where duty concession wrongly applied

(1)  The Chief Commissioner may reassess the duty chargeable in respect of an agreement or transfer that is initially approved under the scheme if the Chief Commissioner forms the opinion that the agreement or transfer is not eligible under the scheme, including in a case where approval was given in anticipation of compliance with any requirements of this Division that have not been met.
(2)  The Chief Commissioner may issue a notice of assessment, based on the reassessment, for the duty chargeable in respect of the agreement or transfer.
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