Bourn Vincent Memorial Park Act, 1932

Exemptions from death duty.

9.—(1) Neither estate duty nor succession duty shall be chargeable in connection with the death of Senator Arthur Rose Vincent, named and described in the scheduled documents, in respect of the lands (whether of real or chattel real tenure) or chattels personal conveyed, transferred, or sold or agreed to be conveyed, transferred, or sold by the scheduled documents or any of them.

(2) Estate duty shall not be chargeable on the death of William Bowers Bourn, named and described in the scheduled documents, under paragraph (c) of sub-section (1) of section 2 of the Finance Act, 1894 , as extended by sub-section (2) of section 59 of the Finance (1909-10) Act, 1910 , on the consideration given for the conveyance effected by the Preliminary Conveyance, notwithstanding that such consideration was provided by the said William Bowers Bourn.

(3) Save as is expressly provided by sub-section (2) of this section, nothing in this section shall operate to exempt from estate duty or from succession duty at any time the said consideration given for the conveyance effected by the Preliminary Conveyance nor any land, investments, or funds for the time being representing such consideration.