Duties Act 1997 No 123
Current version for 24 June 2020 to date (accessed 4 August 2020 at 21:58)
Chapter 2A Part 4 Section 104ZO
104ZO   Reduction of duty on transfers made on exercise of option to purchase land
(cf section 64D)
The surcharge purchaser duty chargeable on a transfer of residential land in New South Wales that occurs as a consequence of the exercise of an option to purchase the land is to be reduced by the amount of surcharge purchaser duty (if any) paid on the transfer of the option to the transferee.