South Australian Consolidated Acts

SUCCESSION DUTIES ACT 1929 - SECT 7

7—Succession duties payable by administrator

        (1)         Every administrator shall pay to the commissioner succession duties, to be assessed by the commissioner, according to the rates mentioned in Schedule 2 hereto, but where any such duty shall have been paid in respect of any property derived, or deemed to be derived, from any deceased person no further duty shall be paid by reason of any additional administration subsequent to any such payment.

        (2)         The duties, in relation to any particular person, shall be assessed upon the aggregate of the net present value of all the property derived, or deemed to be derived, by that person from any deceased person and shall be chargeable and payable accordingly.

        (3)         Where, pursuant to section 16A of this Act, a trustee or other person is required to pay duty in respect of any property, this section shall extend and apply to, and have effect in relation to, that trustee or other person as if he were the administrator and to and in relation to that property.