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DUTIES ACT 2008 - SECT 205ZD

205ZD .         Terms used

        (1)         In this Part, unless the contrary intention appears —

        foreign acquirer means —

            (a)         in relation to a foreign landholder acquisition to which section 205ZH(1)(a)(i) applies —

                  (i)         a foreign person that acquires an interest in a residential landholder by the acquisition; and

                  (ii)         if there is more than 1 person referred to in subparagraph (i), each of them;

                or

            (b)         in relation to a foreign landholder acquisition to which section 205ZH(1)(a)(ii) applies —

                  (i)         a foreign person that is a related person in respect of the acquirer of the interest in the residential landholder and has an interest in the residential landholder immediately after the acquisition; and

                  (ii)         if there is more than 1 person referred to in subparagraph (i), each of them.

        foreign landholder acquisition has the meaning given in section 205ZH;

        residential landholder means an entity that is a residential landholder under section 205ZG.

        (2)         Unless the contrary intention appears, a reference in this Part to a provision of Chapter 3 that is applied by section 205ZE(1) is a reference to that provision as so applied.

        [Section 205ZD inserted: No. 24 of 2018 s. 8; amended: No. 12 of 2019 s. 108.]

        [Heading inserted: No. 24 of 2018 s. 8.]



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