DUTIES ACT 2001 - SECT 195 Exemption—no liability for transfer duty on acquisition in other way

DUTIES ACT 2001 - SECT 195

195 Exemption—no liability for transfer duty on acquisition in other way

Landholder duty is not imposed on an acquisition by a person if—

(a) the land-holdings of a landholder could have been acquired by the person without incurring a liability to pay transfer duty for the acquisition of land other than under chapter 10 , part 1 ; and

(b) the commissioner is satisfied the acquisition would not have been part of an arrangement to avoid the imposition of landholder duty.