New South Wales Consolidated Acts

DUTIES ACT 1997 - SECT 104D

104D Definitions

(1) In this Division--

"authority of the State" has the same meaning as in the Land Acquisition (Just Terms Compensation) Act 1991 .

"owner" , in relation to residential property, means--

(a) a registered proprietor of the property, or

(b) in the case of a land use entitlement--a person having ownership of shares or units through which the entitlement is conferred.

"residential property" means--

(a) a parcel of land (including a strata lot) on which a dwelling is erected, or on which there is a building under construction that, when completed, will constitute a dwelling, or

(b) a land use entitlement--if it entitles the holder of the land use entitlement to occupy a building, or part of a building, as a separate dwelling.

"vacant residential land" means a parcel of vacant land that is zoned or otherwise designated for use under an environmental planning instrument (within the meaning of the Environmental Planning and Assessment Act 1979 ) for residential or principally for residential purposes.

(2) For the purposes of this Division, residential property is
"LFAI-affected" if the dwelling erected on the land comprised in the residential property (or to which the residential property relates) contains, or is part of a building containing, loose-fill asbestos insulation (within the meaning of Division 1A of Part 8 of the Home Building Act 1989 ).