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DUTIES ACT 2001 - SECT 196 Interests acquired under exempt acquisitions disregarded for particular purposes

DUTIES ACT 2001 - SECT 196

Interests acquired under exempt acquisitions disregarded for particular purposes

196 Interests acquired under exempt acquisitions disregarded for particular purposes

An interest acquired under an exempt acquisition, other than an exempt acquisition under section 195 , must be disregarded as an interest in a landholder when—

(a) deciding whether a person has, under section 158 (1) (b) (i) or (ii) , acquired an interest in the corporation; or
(b) aggregating interests under section 158 (1) (b) (i) or (ii) .