Queensland Numbered Acts

REVENUE LEGISLATION AMENDMENT ACT 2022 - SECT 46

46 Amendment of s 42B (Exemption for new home before transitioning from current home)

(1) Section 42B —
insert—

(4A) In subsection (1)(a)—

(a) a reference to land includes a reference to interstate land; and

(b) a reference to exempt includes, for interstate land, a reference to excluded; and

(c) a reference to section 38, 41 or 42 includes, for interstate land, a reference to section 38, 41 or 42 as applied by section 58B.

(4B) In subsection (2)—

(a) a reference to exempt includes, for a current home that is interstate land, a reference to excluded; and

(b) a reference to section 41 or 42 includes, for a current home that is interstate land, a reference to section 41 or 42 as applied by section 58B.

(2) Section 42B (4A) to (5) —
renumber as section 42B (5) to (7) .