Queensland Numbered Acts

COMMUNITY AMBULANCE COVER LEVY REPEAL AND REVENUE AND OTHER LEGISLATION AMENDMENT ACT 2011 No. 20 - SECT 65

Section 157—

omit, insert—

'(1) This part imposes duty (landholder duty) on relevant acquisitions.

Note—

Exemptions for landholder duty are dealt with in division 5. Also, particular acquisitions relating to corporate reconstructions are exempt from landholder duty under chapter 10, part 1.

'(2) Landholder duty is imposed—

(a) for a relevant acquisition in a private landholder—on the dutiable value of the relevant acquisition; and

(b) for a relevant acquisition in a public landholder—in the way provided under section 179B.'.