21ACommissioner may publish percentage

21A Commissioner may publish percentage (1) For the purposes of sections 21(3) and 21(4), the Commissioner may from time to time publish percentage amounts being a percentage of the consideration for a transfer of dutiable property that represents any amount paid or payable in respect of construction of a building or refurbishment of a lot on or after the date on which the contract of sale was entered into. (2) The Commissioner may publish different percentage amounts for different classes of buildings or refurbishments. (3) If the Commissioner publishes a percentage under subsection (1)— (a) the transferor may use that percentage for the purposes of determining the amount paid or payable in respect of construction of the building or refurbishment of the lot; and (b) if the transferor does so, duty payable on the transfer is to be assessed on that basis. S. 21B inserted by No. 31/2008 s. 4, amended by No. 28/2017 s. 19.