Duties Amendment (Landholder) Act 2012 No. 38 of 2012 table of provisions Section Page PART 1 1 Purposes 1 2 Commencement 2 3 Principal Act 2 2000 3 Division 1—Definitions 3 4 Definitions 3 Division 2—Amendments to Chapter 3 of the Duties Act 2000 7 5 New Parts 1 and 2 of Chapter 3 of the Principal Act substituted 7 1—INTRODUCTION AND OVERVIEW 7 70 Imposition of duty 7 8 Division 1—Landholders 8 71 Meaning of 8 landholder 72 What are land holdings? 9 73 What does land include? 9 74 Effect of uncompleted agreements 10 75 Constructive ownership of land holdings—linked entities 11 76 Constructive ownership of land holdings— discretionary trusts 12 Division 2—Charging of duty 14 77 When does a liability for duty arise? 14 78 What is a 14 relevant acquisition? 79 What are and in interests significant interests landholders? 15 80 How may an interest be 16 acquired? 81 Acquisition of economic entitlement 18
Duties Amendment (Landholder) Act 2012 No. 38 of 2012 table of provisions Section Page 1 1 Purposes 1 2 Commencement 2 3 Principal Act 2 2000 3 Division 1—Definitions 3 4 Definitions 3 Division 2—Amendments to Chapter 3 of the Duties Act 2000 7 5 New Parts 1 and 2 of Chapter 3 of the Principal Act substituted 7 PART 1—INTRODUCTION AND OVERVIEW 7 70 Imposition of duty 7 8 Division 1—Landholders 8 71 Meaning of landholder 8 72 What are land holdings? 9 73 What does land include? 9 74 Effect of uncompleted agreements 10 75 Constructive ownership of land holdings—linked entities 11 76 Constructive ownership of land holdings— discretionary trusts 12 Division 2—Charging of duty 14 77 When does a liability for duty arise? 14 78 What is a relevant acquisition? 14 79 What are interests and significant interests in landholders? 15 80 How may an interest be acquired? 16 81 Acquisition of economic entitlement 18
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