126
In forceApplication of amendments to landholder duty generally
Schedule 1Savings, transitional and other provisions
Part 46Provisions consequent on enactment of State Revenue Legislation Amendment Act 2017
126 Application of amendments to landholder duty generally
(1)
A landholder duty amendment does not apply to an acquisition in a landholder that is made on or after the commencement of the landholder duty amendment, if the acquisition is made in conformity with an agreement for sale first executed, or with an option granted or otherwise created, before that commencement.
(2)
This Act applies in respect of such an acquisition as if the landholder duty amendment had not been made.
(3)
In this clause, a landholder duty amendment means an amendment made by the amending Act to Chapter 4.
This Act’s bill:Explanatory memorandumSecond reading speech
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