(1) Section 36
applies, with any appropriate modifications, where it is necessary to
determine the unencumbered value of a fixed infrastructure statutory licence
that under section 204B(1) is to be treated as if it were a land asset for the
purposes of calculating duty in respect of a relevant acquisition under
section 186.
(2) The unencumbered
value to be determined under section 36 (as applied by subsection (1)) for a
fixed infrastructure statutory licence issued, granted or given under a law of
the Commonwealth is the unencumbered value of that licence so far as it
authorises the ownership, control, operation or use of fixed infrastructure.
[Section 204C inserted: No. 12 of 2019 s. 100.]