64ALand transferred to financial institution and individual

64A Land transferred to financial institution and individual then leased and transferred to individual (a) a person transfers land in the ACT to the individual and the financial institution as co-owners (the first transfer); and (b) at the time of the first transfer, the financial institution leases the land to the individual for a fixed period; and (c) the financial institution transfers the land to the individual (the second transfer) at the end of— (i) the fixed period; or (ii) another period agreed by the financial institution and the individual. (2) Duty under this chapter is not payable in relation to the second

Alternative finance transactions Division 2.5.2A