s. 201SG (b) the landholder, or if the landholder is a unit S. 201SF(4)(b) trust scheme (within the meaning of the amended by No. 38/2012 the trustee of the Duties Act 2000), s. 20. landholder; and (c) if the significant acquisition results from an aggregation of acquisitions by the person referred to in paragraph (a) and other persons—each of those other persons. (5) For the purpose of assessing a growth areas infrastructure contribution under this Act in relation to land in the contribution area, joint tenants of that land are taken to hold the land as tenants in common in equal shares. Note Note to s. 201SF(5) Other persons may be liable to pay a growth areas amended by No. 31/2011 infrastructure contribution under section 201SMAA s. 7. or 201SRA. Subdivision 2—Amount of GAIC and when payable 201SG Amount of GAIC S. 201SG inserted by (1) The amount of a growth areas infrastructure No. 23/2010 contribution payable in respect of a GAIC event s. 9. that occurs in a financial year is based on the growth areas infrastructure contribution payable per hectare for that financial year under this section. (2) In calculating the amount of growth areas infrastructure contribution under subsection (1) the area of land in hectares will be rounded off to the fifth decimal point. Example If the area of the land is 93·675897 hectares, the growth areas infrastructure contribution will be calculated on 93·67590 hectares.
S. 201SF(4)(b) amended by No. 38/2012 s. 20. (b) the landholder, or if the landholder is a unit trust scheme (within the meaning of the Duties Act 2000), the trustee of the landholder; and (c) if the significant acquisition results from an aggregation of acquisitions by the person referred to in paragraph (a) and other persons—each of those other persons. (5) For the purpose of assessing a growth areas infrastructure contribution under this Act in relation to land in the contribution area, joint tenants of that land are taken to hold the land as tenants in common in equal shares. Note to s. 201SF(5) amended by No. 31/2011 s. 7. Note Other persons may be liable to pay a growth areas infrastructure contribution under section 201SMAA or 201SRA. Subdivision 2—Amount of GAIC and when payable S. 201SG inserted by No. 23/2010 s. 9. 201SG Amount of GAIC s. 201SG (1) The amount of a growth areas infrastructure contribution payable in respect of a GAIC event that occurs in a financial year is based on the growth areas infrastructure contribution payable per hectare for that financial year under this section. (2) In calculating the amount of growth areas infrastructure contribution under subsection (1) the area of land in hectares will be rounded off to the fifth decimal point. Example If the area of the land is 93·675897 hectares, the growth areas infrastructure contribution will be calculated on 93·67590 hectares.