(1) In this Division—
S. 57G(1) def. of
eligible first home buyer inserted by No. 28/2011 s. 4,
repealed by No. 41/2013 s. 15.
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S. 57G(1) def. of guardian amended by No. 13/2019 s. 221(Sch. 1 item 13).
"guardian" of a person under a legal disability includes—
(a) a trustee who holds property on trust for the person under an instrument of trust or direction of a court or tribunal;
(b) an administrator for the person within the meaning of the Guardianship and Administration Act 2019 ;
S. 57G(1) def. of PPR concessional rate inserted by No. 28/2017 s. 8.
"PPR concessional rate" means a rate of duty specified in section 57J for a PPR transfer where the dutiable value of the dutiable property is more than $130 000 but not more than $550 000;
"residence requirement" means the requirement referred to in section 57K as varied (if at all) by the Commissioner under section 57L.
S. 57G(2) inserted by No. 39/2009 s. 14.
(2) For the purposes of this Division, a reference to—
(a) a bona fide purchaser of the land for adequate consideration includes a reference to—
(i) a person to whom a lease referred to in section 7(1)(b)(v) has been granted;
(ii) a person to whom a lease referred to in section 7(1)(b)(va) has been transferred or assigned;
(b) a contract for the purchase of the land includes a reference to—
(i) the granting of a lease referred to in section 7(1)(b)(v);
(ii) the transfer or assignment of a lease referred to in section 7(1)(b)(va) ;
(c) a transfer of dutiable property, being an estate in fee simple includes a reference to—
(i) the granting of a lease referred to in section 7(1)(b)(v);
(ii) the transfer or assignment of a lease referred to in section 7(1)(b)(va) ;
(d) a transferee includes a person to whom a lease referred to in section 7(1)(b)(v) or 7(1)(b)(va) is granted, transferred or assigned.
S. 57H inserted by No. 86/2006 s. 3, substituted by No. 47/2020 s. 7.