Schedule 6 Dictionary

Schedule 6 Dictionary

section 3

approved shared equity scheme has the same meaning as in the Duties Act 1997.

approved trust—see section 10.

basic living expenses, for Part 7—see section 32.

break down of a person’s marriage or de facto relationship means—

(a) a de facto relationship between the person and the person’s spouse breaking down, or

(b) a marriage between the person and the person’s spouse—

(i) being dissolved, or

(ii) being annulled, or

(iii) breaking down irretrievably.

Chief Commissioner means the Chief Commissioner of State Revenue under the Taxation Administration Act 1996.

class of land use—see section 22.

company has the same meaning as in the Land Tax Management Act 1956.

duty means duty under the Duties Act 1997, Chapter 2.

dutiable value has the same meaning as in the Duties Act 1997.

eligible transfer—see section 14(1).

eligible transferee—see section 13(1).

excluded residence means the following residences if located on the same lot as the lot used and occupied by the owner of the lot for residential purposes—

(a) 1 room,

(b) 1 suite of rooms,

(c) 1 flat,

(d) 1 suite of rooms and 1 room,

(e) 1 flat and 1 room,

(f) 2 rooms that are separately occupied.

exclusive land use entitlement—see section 7(4).

family—see Schedule 3, section 7.

financial year means a year ending on 30 June.

first home buyer—see section 5.

grounds for deferral, for Part 7—see section 32.

hybrid land—see section 18(3).

included owner—see section 18.

included owner, for Schedule 1—see Schedule 1, section 1.

included owner, for Schedule 3—see Schedule 3, section 1.