Taxation Administration Regulations 2021

In these regulations –

Act means the Taxation Administration Act 1997;

associated person has the same meaning as in the Duties Act 2001;

business assets means land, an interest in land, or goods, which are predominantly for – the business of wholesale or retail sale of goods or services; or the business of manufacturing; or a primary production business; or purposes that are ancillary to the running of a business;

dutiable property has the same meaning as in the Duties Act 2001;

dutiable transaction has the same meaning as in the Duties Act 2001;

dutiable value, in relation to dutiable property, has the same meaning as in the Duties Act 2001;

interest, in relation to land, has the same meaning as in the Duties Act 2001;

land has the same meaning as in the Duties Act 2001;

subsequent transaction has the same meaning as in section 36B(3) of the Duties Act 2001;

unencumbered value has the same meaning as in the Duties Act 2001.