Answers to Questions

Special Disability Trusts

68 Dr McFETRIDGE (Morphett) (9 September 2015). From 1 July 2015, how many principal places of residence will be transferred into Special Disability Trusts and be exempt from stamp duty and land tax?

The Hon. A. KOUTSANTONIS (West Torrens—Treasurer, Minister for Finance, Minister for State Development, Minister for Mineral Resources and Energy):

An estimate of potential applications for Special Disability Trusts was made based on information released by the commonwealth government regarding the number of people expected to establish a Special Disability Trust nationally. This number was adjusted to account for relevant factors, such as South Australia's population. RevenueSA advises in total it was assumed that around 500 properties transferred into Special Disability Trusts over the four years to 2018-19 would be eligible for a stamp duty and land tax exemption in South Australia.