(a) corporate trustee duty has been paid or is
payable on a relevant acquisition under part 2 ; and
(b) land-holdings in
which the corporate trustee, or relevant corporation for a corporate trustee,
has an interest at the time of the relevant acquisition under part 2 , has
been included in working out the dutiable value of a relevant acquisition
under this part; and
(c) the relevant acquisitions are part of the 1
arrangement.
(2) Landholder duty imposed on the relevant acquisition must be
reduced by the amount of corporate trustee duty paid or payable for the
land-holdings to the extent that the land-holdings were included in working
out the dutiable value of the relevant acquisition under this part.
