COMMUNITY AMBULANCE COVER LEVY REPEAL AND REVENUE AND OTHER LEGISLATION AMENDMENT ACT 2011 No. 20 - SECT 73 73 Amendment of s 162 (Acquiring an interest in a corporation)

COMMUNITY AMBULANCE COVER LEVY REPEAL AND REVENUE AND OTHER LEGISLATION AMENDMENT ACT 2011 No. 20 - SECT 73

(1) Section 162, 'corporation'—

omit, insert—

'landholder'.

(2) Section 162(2)(a) to (d), after 'share'—

insert—

'or unit'.

(3) Section 162(2)—

insert—

'(e) if the person holds an interest in the landholder, whether or not as trustee—by changing the capacity in which the person holds the interest.

Example of when the capacity in which a person holds an interest changes—

A person holds a share or unit in a corporation or listed unit trust other than as trustee. The person's capacity changes if the person starts holding the share or unit as trustee.'.

(4) Section 162(3), after 'shares'—

insert—

'or units'.