(1) Section 186(1)(b), 'land'—
omit, insert—
'land-holdings'.
(2) Section 186(2)—
omit, insert—
'(2) Landholder duty imposed on the relevant acquisition must be reduced by the amount of transfer duty paid or payable for the land-holdings to the extent that the land-holdings were included in working out the dutiable value of the relevant acquisition under this part.'.