59Land to which an eligible cardholder exemption or concession may apply

59 Land to which an eligible cardholder exemption or concession may apply (1) The exemption or concession under section 60 applies to a transfer of dutiable property, being an estate in fee simple in land— (a) to which is affixed a building that, in the Commissioner's opinion— (i) is designed and constructed primarily for residential purposes; and (ii) may lawfully be used as a place of residence; or S. 59(1)(b) amended by No. 50/2024 s. 26. (b) that, in the Commissioner's opinion, is vacant land on which a person intends to construct a building referred to in paragraph (a). (2) The Commissioner may treat land as vacant land for the purposes of the exemption or concession under section 60 if the Commissioner is satisfied that the land is substantially vacant apart from there being on the land— (a) the remnant of any building, or any other object or structure, that the Commissioner is satisfied has been preserved because of its heritage significance; or (b) any building or structure that the Commissioner is satisfied is intended to be demolished. S. 60 amended by Nos 29/2002 s. 4(1)(b)(2), 46/2004 s. 8(3)(4), 38/2006 s. 3(b), 86/2006 s. 4(b), 31/2008 s. 10(d)–(f), 28/2011 s. 14, substituted by No. 18/2023 s. 16.