Australian Capital Territory Current Acts

DUTIES ACT 1999 - SECT 78

In this part:

"acquires", an interest in a landholder—see section 84.

"entity"—see section 78A.

"interest", in a landholder—see section 83.

"land"—see section 80A.

"landholding"—see section 80.

"relevant acquisition", in relation to a person—see section 86.

"relevant period", for a relevant acquisition, means—

        (a)     the 3-year period before the relevant acquisition; or

        (b)     if a person makes a relevant acquisition because the person acquires an interest by exercising a right to acquire the interest—the 3-year period before the person or an associated person acquired the right to acquire the interest and ending on the date of the relevant acquisition.

"significant interest", in a landholder—see section 83.