• Specific Year
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DUTIES ACT 2001 - SECT 625 Interests acquired before 1 July 2011 included for s 158

DUTIES ACT 2001 - SECT 625

Interests acquired before 1 July 2011 included for s 158

625 Interests acquired before 1 July 2011 included for s 158

(1) This section applies if—
(a) before 1 July 2011, a person or related person of the person acquired an interest in an entity (the
"original interest" ); and
(b) on or after 1 July 2011, the person or related person acquires a further interest in the entity; and
(c) when the further interest is acquired, the person or related person still holds the original interest.
(2) To avoid any doubt, it is declared that for section 158, the original interest is an interest held by the person or related person in the entity.