For the purposes of this Part, a sub-sale of dutiable property occurs if dutiable property referred to in section 10(1)(a) of the Duties Act 2000 is transferred to a subsequent purchaser (within the meaning of Part 4A of Chapter 2 of that Act) as described in section 32B(1)(d), 32I(1)(d) or 32P(1)(d) of that Act. S. 201RE 201RE What is a significant acquisition? inserted by No. 23/2010 (1) For the purposes of this Part, a person makes a s. 9. significant acquisition if— S. 201RE(1)(a) (a) the person acquires an interest in a amended by landholder that is a relevant acquisition; or No. 38/2012 s. 18(1). (b) after the relevant acquisition is made, that S. 201RE(1)(b) amended by person or another person acquires any part of No. 38/2012 the remaining interest in the landholder. s. 18(1). (1A) Subsection (1)(b) does not apply to a landholder S. 201RE(1A) inserted by that is a public landholder. No. 38/2012 s. 18(2). (2) In this section— in relation to an interest in a landholder S. 201RE(2) acquire def. of has the same meaning as in section 80 of the acquire Duties Act 2000; amended by No. 38/2012 s. 18(3)(a). in relation to a landholder has the same S. 201RE(2) interest def. of meaning as in section 79(1) of the Duties interest amended by Act 2000; No. 38/2012 s. 18(3)(b). S. 201RE(2) means a relevant acquisition relevant acquisition def. of within the meaning of section 78 (other than relevant acquisition subsection (1)(b)), 81 or 82 of the Duties amended by Act 2000 in respect of which duty is No. 38/2012 s. 18(3)(c). chargeable under Part 2 of Chapter 3 of that
For the purposes of this Part, a sub-sale of dutiable property occurs if dutiable property referred to in section 10(1)(a) of the Duties Act 2000 is transferred to a subsequent purchaser (within the meaning of Part 4A of Chapter 2 of that Act) as described in section 32B(1)(d), 32I(1)(d) or 32P(1)(d) of that Act. S. 201RE inserted by No. 23/2010 s. 9. 201RE What is a significant acquisition? (1) For the purposes of this Part, a person makes a significant acquisition if— S. 201RE(1)(a) amended by No. 38/2012 s. 18(1). (a) the person acquires an interest in a landholder that is a relevant acquisition; or S. 201RE(1)(b) amended by No. 38/2012 s. 18(1). (b) after the relevant acquisition is made, that person or another person acquires any part of the remaining interest in the landholder. S. 201RE(1A) inserted by No. 38/2012 s. 18(2). (1A) Subsection (1)(b) does not apply to a landholder that is a public landholder. (2) In this section— S. 201RE(2) def. of acquire amended by No. 38/2012 s. 18(3)(a). acquire in relation to an interest in a landholder has the same meaning as in section 80 of the Duties Act 2000; S. 201RE(2) def. of interest amended by No. 38/2012 s. 18(3)(b). interest in relation to a landholder has the same meaning as in section 79(1) of the Duties Act 2000; S. 201RE(2) def. of relevant acquisition amended by No. 38/2012 s. 18(3)(c). relevant acquisition means a relevant acquisition within the meaning of section 78 (other than subsection (1)(b)), 81 or 82 of the Duties Act 2000 in respect of which duty is chargeable under Part 2 of Chapter 3 of that
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