46
In forceContinuation of obligations under Part 2 of Chapter 3
Schedule 1Savings, transitional and other provisions
Part 20Provisions consequent on enactment of Duties Amendment (Land Rich) Act 2004
46 Continuation of obligations under Part 2 of Chapter 3
(1)
Part 2 of Chapter 3, as in force immediately before the commencement of Schedule 1 to the amending Act, continues to apply in respect of any acquisition of an interest in a landholder made before that commencement, as if the amending Act had not been enacted.
(2)
In relation to acquisitions made on or after the commencement of Schedule 1 to the amending Act, clause 35 applies as if a reference to Part 2 of Chapter 3 or section 118 included a reference to Chapter 4A or section 163K respectively.
This Act’s bill:Explanatory memorandumSecond reading speech
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