DUTIES ACT 2008 - SECT 266D
DUTIES ACT 2008 - SECT 266D
266D . Application of s. 266B and 266C to foreign transfer duty and foreign landholder duty
If foreign transfer
duty or foreign landholder duty is chargeable on a relevant reconstruction
transaction, sections 266B and 266C apply in relation to the foreign transfer
duty or foreign landholder duty chargeable on the relevant reconstruction
transaction as if —
(a) a
reference to transfer duty were a reference to foreign transfer duty; and
(b) a
reference to landholder duty were a reference to foreign landholder duty; and
(c) a
reference to a landholder were a reference to a residential landholder (as
defined in section 205ZD(1)); and
(d) a
reference to a relevant acquisition were a reference to a foreign landholder
acquisition (as defined in section 205ZD(1)); and
(e) a
reference to land assets (as defined in section 148(1)) were a reference to
residential property; and
(f) a
reference to an acquirer were a reference to a foreign acquirer (as defined in
section 205ZD(1)); and
(g) a
reference to a provision of Chapter 3 were a reference to that provision as
applied by section 205ZE(1).
[Section 266D inserted: No. 12 of 2019 s. 128.]
[Heading inserted: No. 29 of 2023 s. 8.]