DUTIES ACT 2001 - SECT 204
Landholder or subsidiary may recover proceeds of sale as debt
DUTIES ACT 2001 - SECT 204
Landholder or subsidiary may recover proceeds of sale as debt
204 Landholder or subsidiary may recover proceeds of sale as debt
(1) The amount equal to the proceeds of the sale of land under the order less
an amount paid under section 202(d) is a debt payable to the entity or
subsidiary that previously owned the land by the persons liable to pay the
landholder duty for which the order was made.
(2) The entity or subsidiary
may recover the debt in a court of competent jurisdiction.