Section 20A
Exchange of real property
Where upon the exchange of any real property for any other real property, or upon the partition or division of any real property with or without consideration:
(a)
the principal or only instrument whereby the exchange or partition or division is affected is to be charged with ad valorem duty as if it were a conveyance on sale; and
(b)
where in any such case there are several instruments for completing the title of either party, the principal instrument is to be ascertained and the other instruments are to be charged, with duty in the manner hereinbefore provided in the case of several instruments of conveyance.
(2)
Notwithstanding subsection (1), where an instrument is chargeable with a duty in respect of an exchange of any real property for any real property or upon the partition or division of any real property, and no consideration is paid or given, or agreed to be paid or given, the instrument shall be chargeable with the duty of ten ringgit only if—
(a)
in such partition or division both transferor and transferee are the original owners of the real property;
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(b)
such exchange of real property is between any person and a
Ruler of a State or the Government of Malaysia or of any
State; or
(c)
such exchange of real property is between husband and wife, parent and child, grandparent and grandchild or among siblings.