NSWIn ForceAct
Duties Act 1997
157DMeaning of “residential land holding”
Start here
Get a plain-English read of 157D
Turn the raw legal text into a practical explanation grounded in Duties Act 1997.
157D Meaning of “residential land holding”
157D Meaning of “residential land holding”
(1) In this Part—
residential land holding means any land holding that is an interest in residential land (within the meaning of Chapter 2A).
(2) For the purposes of charging duty under this Part in respect of a relevant acquisition in a landholder, a person is taken to be a foreign person if the person is a foreign person when the relevant acquisition is made.
ss 157D–157G: Ins 2016 No 32, Sch 1 [32].