Regulatory Standard 001: Stamp duty requirements for water licensing

Standard
The transfer of a water licence, or a water entitlement under a licence, is subject to duty.
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This standard applies to applications for the transfer of a water licence or a water entitlement made under Schedule 1, Clause 29 of the Rights in Water and Irrigation Act 1914, resulting in a licence issued in accordance with section 5C of the Act.

The intent of this standard is to:

  • meet the obligations of the Duties Act 2008 in relation to stamp duty on the transfer of a water entitlement or licence
  • achieve consistent decision making related applications that are subject to stamp duty.

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