When must duty be paid?
Duty must be paid within 3 months after the date on which a liability to pay duty arises.
Who is liable to pay the duty?
Duty is payable by the person who makes the relevant acquisition.
If a relevant acquisition results from an aggregation of the interest of associated persons, the person who made the relevant acquisition and the associated person or persons are jointly and severally liable for the payment of the duty.
Last updated: 2008-08-12
