16AInterpretation

16A Interpretation

[Section 16A of Part 2 Inserted by No. 16 of 2022, s. 8, Applied:01 Jul 2022]

(1)  In this Division –

foreign corporation has the same meaning as in the Duties Act 2001 ;

foreign investor land tax means the component of land tax that is imposed under this Division;

foreign natural person has the same meaning as in the Duties Act 2001 ;

foreign person has the same meaning as in the Duties Act 2001 ;

foreign trust has the same meaning as in the Duties Act 2001 ;

foreign trustee has the same meaning as in the Duties Act 2001 .

(2)  For the purposes of this Division –

(a) a reference to general land includes a reference to any part of land, to which part of land the Commissioner has apportioned, under Division 4 , the land value as general land; and

(b) the value of the part of land is, despite section 16B , the value so apportioned under Division 4 .