Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Subject to sections 19C to 19E, this section and sections 20SA and 20SB, the law of the Northern Territory relating to the transfer of land applies, according to its tenor, to, and in relation to, any dealing with, or disposition of, an estate or interest in land by, or on behalf of, a Land Trust.
(2) No stamp duty or similar tax is payable under a law of the Northern Territory in respect of a transfer under subsection 19(4).
(3) The procedures for the subdivision of land under the law of the Northern Territory relating to the transfer of land do not apply in respect of a transfer of an estate or interest in any part of land under subsection 19(4).
(4) On the application of a Land Trust that has had an estate or interest in any part of land transferred to it under subsection 19(4), the Registrar - General or other appropriate officer under the law of the Northern Territory relating to the transfer of land must register the instrument of transfer as if it were duly executed under that law.