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PLANNING AND ENVIRONMENT ACT 1987 - SECT 220 Transitional provisions—Duties Amendment (Landholder) Act 2012

PLANNING AND ENVIRONMENT ACT 1987 - SECT 220

Transitional provisions—Duties Amendment (Landholder) Act 2012

    (1)     For the purposes of the definition of relevant acquisition in section 201RE(2), an interest within the meaning of that section must not be aggregated with any other interest acquired in a landholder if the interest is excluded from the application of section 78(1)(a)(ii) of the Duties Act 2000 because of the application of clause 31 of Schedule 2 of that Act.

    (2)     Section 201S does not apply in respect of any land or part of land that is the subject of an interest within the meaning of section 201RE(2) if the interest is not chargeable with duty under the Duties Act 2000 because of the application of clause 31 of Schedule 2 of that Act.

S. 220A inserted by No. 21/2013 s. 20.