sec.179ALandholder duty

### sec.179A Landholder duty Subject to section 179B , the landholder duty imposed on a relevant acquisition made by a person in a public landholder is 10% of the amount of transfer duty that would be imposed on a dutiable transaction under chapter 2 , if a transfer of all the Queensland land-holdings of the landholder had happened at the time of the relevant acquisition. However, for a relevant acquisition to which section 158 (1) (c) applies, no landholder duty is imposed for an increase in the person’s interest if— landholder duty for a relevant acquisition by the person in the landholder has previously been imposed under this section; and since making the relevant acquisition for which landholder duty was imposed, the interest of the person constituting the previous acquisition has not reduced. This section has effect subject to a deduction allowed under sections 185 to 188 . s 179A ins 2011 No. 20 s 94 (sec.179A-ssec.1) Subject to section 179B , the landholder duty imposed on a relevant acquisition made by a person in a public landholder is 10% of the amount of transfer duty that would be imposed on a dutiable transaction under chapter 2 , if a transfer of all the Queensland land-holdings of the landholder had happened at the time of the relevant acquisition. (sec.179A-ssec.2) However, for a relevant acquisition to which section 158 (1) (c) applies, no landholder duty is imposed for an increase in the person’s interest if— landholder duty for a relevant acquisition by the person in the landholder has previously been imposed under this section; and since making the relevant acquisition for which landholder duty was imposed, the interest of the person constituting the previous acquisition has not reduced. (sec.179A-ssec.3) This section has effect subject to a deduction allowed under sections 185 to 188 . - (a) landholder duty for a relevant acquisition by the person in the landholder has previously been imposed under this section; and - (b) since making the relevant acquisition for which landholder duty was imposed, the interest of the person constituting the previous acquisition has not reduced.