Northern Territory Numbered Acts

REVENUE (BUDGET INITIATIVES) AMENDMENT ACT 2007 (NO 12 OF 2007) - SECT 7

Section 8B(1), definition "relevant interest"

omit, substitute

"relevant interest" means:

    (a)     an interest (other than a non-conforming interest) that is a relevant interest under section 5 of the First Home Owner Grant Act ; or

    (b)     an interest in residential property in a State or another Territory of the Commonwealth that is a relevant interest (but not a non-conforming interest) under a law of that State or Territory corresponding to the First Home Owner Grant Act ;