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REVENUE AND OTHER LEGISLATION AMENDMENT ACT (NO. 2) 2008 No. 75 - SECT 5
5 Amendment of s 153 (Reassessment--noncompliance with occupancy requirements after occupation date for residence)
Section 153--
insert--
'(1B) Also, for subsection (1)(b), a transferee does
not dispose of residential land that is an accommodation unit in a retirement
village only by entering into a retirement village leasing arrangement for the
unit.'.
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