Land Tax Act 2010

A person is a related person of another person if—

for individuals—they are members of the same family; or

for an individual and a corporation—the person or a member of the person’s family is a majority shareholder, director or secretary of the corporation or a related body corporate of the corporation, or has an interest of 50% or more in it; or

for an individual and a trustee—the person or a related person under another provision of this section is a beneficiary of the trust; or

for corporations—they are related bodies corporate; or

for a corporation and a trustee—the corporation or a related person under another provision of this section is a beneficiary of the trust; or

for trustees—

there is a person who is a beneficiary of both trusts; or

a person is a beneficiary of 1 trust and a related person under another provision of this section is a beneficiary of the other trust; or

they are partners in a partnership.

However, a person is not a related person of another person under subsection (1), other than subsection (1)(d), if the commissioner is satisfied the interests of the persons as beneficiaries in a trust—

were acquired independently and, when the liability for land tax arises, are being used independently; and

were not acquired for a common purpose and, when the liability for land tax arises, are not being used for a common purpose.

In this section—