interest or penalty tax imposed under Part 5 of the Taxation Administration Act 1997. S. 201SZJ(2) (2) Any amount taken to be paid to the Commissioner inserted by under section 201SLM(1) is not required to be No. 31/2011 paid into, or transferred to, the Consolidated Fund s. 20. and subsection (1) does not apply to that amount. 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 Infrastructure Contribution Hardship Relief Board s. 9. 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 payable in respect of a dutiable transaction s. 9. 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. 201TB Exemption from paying GAIC if duties exemption S. 201TB 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
interest or penalty tax imposed under Part 5 of the Taxation Administration Act 1997. S. 201SZJ(2) inserted by No. 31/2011 s. 20. (2) Any amount taken to be paid to the Commissioner under section 201SLM(1) is not required to be paid into, or transferred to, the Consolidated Fund and subsection (1) does not apply to that amount. Division 3—Exemptions and reductions of GAIC liability Subdivision 1—General S. 201T inserted by No. 23/2010 s. 9. 201T Definition 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
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