157E
In forceCircumstances in which surcharge duty is chargeable
Chapter 4Acquisition of interests in landholders
Part 2BCharging of surcharge duty on acquisitions made by foreign persons
157E Circumstances in which surcharge duty is chargeable
Duty is chargeable under this Part on a relevant acquisition in a private landholder if—
(a)
the private landholder has any residential land holding in New South Wales, and
(b)
any person who makes the relevant acquisition (or, if a relevant acquisition results from the aggregation of interests of associated persons, any of the associated persons) is a foreign person on the date of the relevant acquisition.
This Act’s bill:Explanatory memorandumSecond reading speech
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.