sec.193Exemption—compromise or arrangements

### sec.193 Exemption—compromise or arrangements Landholder duty is not imposed on a relevant acquisition by a person if— the interest was acquired solely because of the making of a compromise or arrangement with creditors approved under the Corporations Act , part 5.1 ; and the commissioner is satisfied the compromise or arrangement was not made with the intention of avoiding the imposition of landholder duty. s 193 amd 2011 No. 20 s 108 - (a) the interest was acquired solely because of the making of a compromise or arrangement with creditors approved under the Corporations Act , part 5.1 ; and - (b) the commissioner is satisfied the compromise or arrangement was not made with the intention of avoiding the imposition of landholder duty.