sec.637Particular exploration land-holdings not to be taken into account for working out landholder duty

### sec.637 Particular exploration land-holdings not to be taken into account for working out landholder duty This section applies if— a relevant acquisition in a landholder is made on or after the start time; and there was, before the start time, an agreement to acquire the interest that is the subject of the relevant acquisition, whether the agreement is conditional or not; and the interest is, under section 163(2)(b), acquired after the start time. Exploration land-holdings must be excluded from the Queensland land-holdings of the landholder for the purposes of— if the landholder is a private landholder—working out the dutiable value of the relevant acquisition under section 179; or if the landholder is a public landholder—working out the landholder duty imposed on the relevant acquisition under section 179A. In this section— exploration land-holdings , of a landholder, means land-holdings mentioned in section 167 if the land is an exploration authority. s 637 ins 2012 No. 25 s 6 (sec.637-ssec.1) This section applies if— a relevant acquisition in a landholder is made on or after the start time; and there was, before the start time, an agreement to acquire the interest that is the subject of the relevant acquisition, whether the agreement is conditional or not; and the interest is, under section 163(2)(b), acquired after the start time. (sec.637-ssec.2) Exploration land-holdings must be excluded from the Queensland land-holdings of the landholder for the purposes of— if the landholder is a private landholder—working out the dutiable value of the relevant acquisition under section 179; or if the landholder is a public landholder—working out the landholder duty imposed on the relevant acquisition under section 179A. (sec.637-ssec.3) In this section— exploration land-holdings , of a landholder, means land-holdings mentioned in section 167 if the land is an exploration authority. - (a) a relevant acquisition in a landholder is made on or after the start time; and - (b) there was, before the start time, an agreement to acquire the interest that is the subject of the relevant acquisition, whether the agreement is conditional or not; and - (c) the interest is, under section 163(2)(b), acquired after the start time. - (a) if the landholder is a private landholder—working out the dutiable value of the relevant acquisition under section 179; or - (b) if the landholder is a public landholder—working out the landholder duty imposed on the relevant acquisition under section 179A.