(1) No growth areas infrastructure contribution is payable in respect of land that is—
(a) transferred to the trustee of a complying superannuation fund by the owner of the land; or
(b) transferred from the trustee of that fund to the beneficiaries of the fund.
(2) In this section complying superannuation fund has the same meaning as in section 3(1) of the Duties Act 2000 .
Subdivision 3—Reductions and exemptions granted by the Governor in Council or Minister
S. 201TE inserted by No. 23/2010 s. 9, substituted by No. 31/2011 s. 21.