132
In forceWhen does a liability for duty arise?
Chapter 3Certain transactions treated as transfers
Part 4Acquisition of land use entitlements by allotment of shares or issue of units
132 When does a liability for duty arise?
A liability for duty charged by this Part arises when a land use entitlement is acquired by an allotment of shares or an issue of units to any person otherwise than in circumstances to which Part 5 applies.
This Act’s bill:Explanatory memorandumSecond reading speech
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