sec.245HApplication for concession

### sec.245H Application for concession An application for a concession under division 2 for AFAD on a relevant transaction must be made in the approved form. The application must be made— when the instrument that effects or evidences the relevant transaction is lodged for assessment; or when the acquirer first applies under the Land Tax Act 2010 , section 58S to have the acquirer’s liability for land tax for a financial year assessed on the basis that the land is land used for an eligible BTR development for the financial year. s 245H ins 2023 No. 18 s 4 (sec.245H-ssec.1) An application for a concession under division 2 for AFAD on a relevant transaction must be made in the approved form. (sec.245H-ssec.2) The application must be made— when the instrument that effects or evidences the relevant transaction is lodged for assessment; or when the acquirer first applies under the Land Tax Act 2010 , section 58S to have the acquirer’s liability for land tax for a financial year assessed on the basis that the land is land used for an eligible BTR development for the financial year. - (a) when the instrument that effects or evidences the relevant transaction is lodged for assessment; or - (b) when the acquirer first applies under the Land Tax Act 2010 , section 58S to have the acquirer’s liability for land tax for a financial year assessed on the basis that the land is land used for an eligible BTR development for the financial year.