53BLand under Help to Buy arrangement

53B Land under Help to Buy arrangement

53B Land under Help to Buy arrangement

(1) For the purposes of assessing liability for duty on a transfer of, or an agreement for the sale or transfer of, land purchased under a Help to Buy arrangement, no account is to be taken of an interest the Commonwealth or Housing Australia has in the land.

(2) In this section—

Help to Buy arrangement has the same meaning as in the Help to Buy Act 2024 of the Commonwealth.

Housing Australia has the same meaning as in the Housing Australia Act 2018 of the Commonwealth.

s 53B: Ins 2025 No 31, Sch 1.1[1].