sec.90What is the dutiable value of residential land, vacant land or residential vacant land

### sec.90 What is the dutiable value of residential land, vacant land or residential vacant land Subsection (2) applies to a dutiable transaction that is 1 of the following in relation to residential land, vacant land or residential vacant land— a transfer, or agreement for the transfer, of the land; an acquisition, mentioned in section 85 (b) , of a lease of the land; a vesting, mentioned in section 85 (c) , of the land. The dutiable value of the land to which the transaction relates is as follows— for a transaction mentioned in subsection (1) (a) or (c) —the part of the dutiable value of the transaction that is attributable to the land; for a transaction mentioned in subsection (1) (b) —the part of the dutiable value of the transaction that is attributable to the interest acquired in the land. s 90 amd 2006 No. 44 s 24 sub 2010 No. 11 s 18 amd 2011 No. 8 ss 21 , 122 sch ; 2025 No. 1 s 10 (sec.90-ssec.1) Subsection (2) applies to a dutiable transaction that is 1 of the following in relation to residential land, vacant land or residential vacant land— a transfer, or agreement for the transfer, of the land; an acquisition, mentioned in section 85 (b) , of a lease of the land; a vesting, mentioned in section 85 (c) , of the land. (sec.90-ssec.2) The dutiable value of the land to which the transaction relates is as follows— for a transaction mentioned in subsection (1) (a) or (c) —the part of the dutiable value of the transaction that is attributable to the land; for a transaction mentioned in subsection (1) (b) —the part of the dutiable value of the transaction that is attributable to the interest acquired in the land. - (a) a transfer, or agreement for the transfer, of the land; - (b) an acquisition, mentioned in section 85 (b) , of a lease of the land; - (c) a vesting, mentioned in section 85 (c) , of the land. - (a) for a transaction mentioned in subsection (1) (a) or (c) —the part of the dutiable value of the transaction that is attributable to the land; - (b) for a transaction mentioned in subsection (1) (b) —the part of the dutiable value of the transaction that is attributable to the interest acquired in the land.