sec.246AKNotification of commissioner for reassessment

### sec.246AK Notification of commissioner for reassessment This section applies if a notification event happens in relation to a relevant acquirer’s interest in dutiable property under a relevant transaction. Within 28 days after the notification event happens, the relevant acquirer must— give notice of the event in the approved form to the commissioner; and ensure the instruments required for the assessment of duty for the relevant transaction are lodged for a reassessment of duty on the transaction. Failure to give the notice is an offence under the Administration Act , section 120 . s 246AK ins 2022 No. 14 s 13 (sec.246AK-ssec.1) This section applies if a notification event happens in relation to a relevant acquirer’s interest in dutiable property under a relevant transaction. (sec.246AK-ssec.2) Within 28 days after the notification event happens, the relevant acquirer must— give notice of the event in the approved form to the commissioner; and ensure the instruments required for the assessment of duty for the relevant transaction are lodged for a reassessment of duty on the transaction. Failure to give the notice is an offence under the Administration Act , section 120 . - (a) give notice of the event in the approved form to the commissioner; and - (b) ensure the instruments required for the assessment of duty for the relevant transaction are lodged for a reassessment of duty on the transaction.