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STATE TAXATION ACTS (GENERAL AMENDMENT) ACT 2005 (NO 36 OF 2005) - SECT 13

Land rich provisions

    (1)     In section 71(1) of the Duties Act 2000 , omit "that has land holdings in Victoria".

    (2)     In section 79(8) of the Duties Act 2000

        (a)     in paragraph (b), for "Victoria; or" substitute "Victoria.";

        (b)     paragraph (c) is repealed .

    (3)     In section 89K(1) of the Duties Act 2000 , in the definition of "qualified investor"—

        (a)     after paragraph (e) insert

    "(ea)     as the Crown in right of the Commonwealth, a State or a Territory (including any statutory body representing the Crown in right of the Commonwealth, a State or a Territory);";

        (b)     in paragraph (f), after "company" insert "or the Crown".

    (4)     In section 89L(1) of the Duties Act 2000

        (a)     in paragraph (d), for "scheme." substitute "scheme; or";

        (b)     after paragraph (d) insert

    "(e)     a declared wholesale unit trust scheme.".



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