sec.84IExclusion of s 22 (2) for particular dutiable transactions under farm-in agreement

### sec.84I Exclusion of s 22 (2) for particular dutiable transactions under farm-in agreement Section 22 (2) does not apply to the transfer of an interest in an exploration authority if— both of the following apply— the transfer is made under a 100% transfer farm-in agreement; and the transfer results in the farmee holding 100% of the interest in the exploration authority; or the interest is transferred to the farmee for a deferred farm-in agreement, even though the farmee has failed to spend all or part of the exploration amount for the transfer under the agreement in the way mentioned in section 84C (1) (b) . s 84I ins 2015 No. 4 s 15 - (a) both of the following apply— (i) the transfer is made under a 100% transfer farm-in agreement; and (ii) the transfer results in the farmee holding 100% of the interest in the exploration authority; or - (i) the transfer is made under a 100% transfer farm-in agreement; and - (ii) the transfer results in the farmee holding 100% of the interest in the exploration authority; or - (b) the interest is transferred to the farmee for a deferred farm-in agreement, even though the farmee has failed to spend all or part of the exploration amount for the transfer under the agreement in the way mentioned in section 84C (1) (b) . - (i) the transfer is made under a 100% transfer farm-in agreement; and - (ii) the transfer results in the farmee holding 100% of the interest in the exploration authority; or