2ADefinitions

#### 2A Definitions 2A Definitions > In this Act— > > foreign person has the same meaning as in Chapter 2A of the [Duties Act 1997](/view/html/inforce/current/act-1997-123). > > non-concessional company means a company classified as a non-concessional company under section 29 of the Principal Act. > > premium rate threshold, in relation to a land tax year, means the premium rate threshold for that land tax year as determined in accordance with the Principal Act, Part 7, Division 4. > > residential land has the same meaning as in Chapter 2A of the [Duties Act 1997](/view/html/inforce/current/act-1997-123). > > retirement visa holder has the same meaning as in Chapter 2A of the [Duties Act 1997](/view/html/inforce/current/act-1997-123). > > surcharge land tax—see section 5A. > > tax threshold means— > > > (a) in relation to a land tax year before the 2005 land tax year—the tax threshold determined in accordance with section 62TB of the Principal Act, as in force immediately before the repeal of the section, and > > > (b) in relation to the 2006 land tax year or any subsequent land tax year—the tax threshold determined in accordance with the Principal Act, Part 7, Division 4. > > **s 2A:** Ins 1998 No 81, Sch 2 \[1\]. Subst 2005 No 42, Sch 2 \[1\]. Am 2008 No 122, Sch 3.1 \[1\]; 2017 No 67, Sch 2 \[1\]; 2019 No 8, Sch 2.2 \[1\]; 2024 No 38, Sch 3\[1\]–\[3\].