Australian Capital Territory Current Acts

DUTIES ACT 1999 - SECT 73A

    (1)     Duty under this chapter is not payable in relation to a dutiable transaction that is a transfer or grant of a residential lease if—

        (a)     the transfer or grant is to an entity declared by the Minister; and

        (b)     the commissioner is satisfied that the property the subject of the transfer or grant is to be used for community housing.

    (2)     A declaration is a disallowable instrument.

Note     A disallowable instrument must be notified, and presented to the Legislative Assembly, under the Legislation Act

.

    (3)     The Minister may declare an entity only if satisfied that the entity is a provider of community housing in the ACT.

    (4)     In this section:

"community housing" means housing provided for—

        (a)     people on low and moderate incomes or with special needs; or

        (b)     nonprofit community organisations.