New South Wales Consolidated Acts New South Wales Consolidated ActsIn this Division--
"corporation" has the same meaning as in the Corporations Act 2001 of the
Commonwealth.
"land" includes any estate or interest in land.
"land tax" has the same meaning as in the Land Tax Management Act 1956 .
"principal shareholder" in a corporation means--
(a) any person (other than a corporation) whose voting entitlement (whether or not through the holding of shares) in the corporation is 50% or more, or
(b) any person (other than a corporation) who has a voting entitlement (whether or not through the holding of shares) in the corporation where all the persons who have a voting entitlement in the corporation have an equal voting entitlement.