A public ruling, when issued, is the published view of the Commissioner of State Revenue (the Commissioner) on the particular topic to which it relates. It therefore replaces and overrides any existing private rulings, memoranda, manuals and advice provided by the Commissioner in respect of the issue(s) it addresses.
Where a change in legislation or case law (the law) affects the content of a public ruling, the change in the law overrides the public ruling—that is, the Commissioner will determine the tax liability or eligibility for a concession, grant or exemption, as the case may be, in accordance with the law.
|Item||Eligible dutiable property||Concessional transfer duty|
|2||A loan secured by a mortgage over property other than a loan covered by Item 1||No duty|
|3||An unsecured loan||No duty|
|4||Liquid assets required to be maintained as such to meet regulatory requirements, if the transfer of the assets is liable to transfer duty under the Duties Act.||No duty|
Commissioner of State Revenue
Date of issue: 14 March 2019
|Public Ruling||Issued||Dates of effect|
|DA000.8.4||14 March 2019||14 March 2019||Current|
|DA000.8.3||3 January 2018||3 January 2018||13 March 2019|
|DA000.8.2||19 January 2017||19 January 2017||2 January 2018|
|DA000.8.1||17 February 2010||17 February 2010||18 January 2017|