s. 201SZH interest or penalty tax imposed under Part 5 of the Taxation Administration Act 1997. Division 3—Exemptions and reductions of GAIC liability Subdivision 1—General 201T Definition S. 201T inserted by In this Division, means the Growth Areas Board No. 23/2010 s. 9. Infrastructure Contribution Hardship Relief Board established under Subdivision 4. Subdivision 2—Exemptions other than exemptions granted by Governor in Council or Board 201TA Exemption from paying GAIC if no consideration S. 201TA inserted by (1) No growth areas infrastructure contribution is No. 23/2010 s. 9. payable in respect of a dutiable transaction relating to land that is made for no consideration. (2) In this section has the same consideration meaning as in section 32A of the Duties Act 2000. S. 201TB 201TB Exemption from paying GAIC if duties exemption inserted by would apply No. 23/2010 s. 9. (1) No growth areas infrastructure contribution is payable in respect of a dutiable transaction relating to land if duty would not be chargeable in respect of such a transaction under a provision of the Duties Act 2000 specified in subsection (2). (2) For the purposes of subsection (1), the provisions of the Duties Act 2000 are sections 32, 33(2), 33(3), 33(5), 34(1)(a), 34(1)(b), 35(1)(a), 35(1)(b), 35(1)(c), 40, 41, 42(1), 42(2), 42(3), 43(3), 44(1), 44(2), 44(3), 44(4), 45, 45A, 46(1), 46(2)(a), 46(2)(b), 46(2)(c), 47(2), 48(a), 48(b), 48(c), 48(ca), 48(d), 48A, 50A, 51, 52, 54(a), 54(b), 55 and 56(1).
interest or penalty tax imposed under Part 5 of the Taxation Administration Act 1997. Division 3—Exemptions and reductions of GAIC liability Subdivision 1—General S. 201T inserted by No. 23/2010 s. 9. 201T Definition s. 201SZH In this Division, Board means the Growth Areas Infrastructure Contribution Hardship Relief Board established under Subdivision 4. Subdivision 2—Exemptions other than exemptions granted by Governor in Council or Board S. 201TA inserted by No. 23/2010 s. 9. 201TA Exemption from paying GAIC if no consideration (1) No growth areas infrastructure contribution is payable in respect of a dutiable transaction relating to land that is made for no consideration. (2) In this section consideration has the same meaning as in section 32A of the Duties Act 2000. S. 201TB inserted by No. 23/2010 s. 9. 201TB Exemption from paying GAIC if duties exemption would apply (1) No growth areas infrastructure contribution is payable in respect of a dutiable transaction relating to land if duty would not be chargeable in respect of such a transaction under a provision of the Duties Act 2000 specified in subsection (2). (2) For the purposes of subsection (1), the provisions of the Duties Act 2000 are sections 32, 33(2), 33(3), 33(5), 34(1)(a), 34(1)(b), 35(1)(a), 35(1)(b), 35(1)(c), 40, 41, 42(1), 42(2), 42(3), 43(3), 44(1), 44(2), 44(3), 44(4), 45, 45A, 46(1), 46(2)(a), 46(2)(b), 46(2)(c), 47(2), 48(a), 48(b), 48(c), 48(ca), 48(d), 48A, 50A, 51, 52, 54(a), 54(b), 55 and 56(1).
87-45a095.docx