71DConcessional duty to encourage exploration activity

71D Concessional duty to encourage exploration activity 71DA Duty on certain conveyances between superannuation funds etc 71DB Concessional duty on purchases of off‑the‑plan apartments 71DC Concessional duty on designated real property transfers 71DD Relief from duty in respect of certain purchases of new homes and land 71DE Duty payable if relief ceases to be available Division 8—Transactions effected without creating dutiable instrument 71E Transactions otherwise than by dutiable instrument 71F Statutory transfers Division 9—Foreign ownership surcharge 72 Surcharge for foreign purchasers of residential land Division 11—LSS Fund levy 82B Interpretation 82C Lodgment of statement and payment of duty Part 4—Land holding entities Division 1—Preliminary 91 Interpretation 92 Land assets 93 Direct interests 94 Related entities 95 Indirect interests 96 Notional interest in assets of related entity 97 Widely held trusts 98 Land holding entity 99 Determination of value Division 2—Dutiable transactions 100 General principle of liability to duty 101 Aggregation of interests 102 Value of notional interest acquired as a result of dutiable transaction 102A Calculation of duty 102AB Surcharge where foreign person or group acquires interest in residential land Division 3—Payment and recovery of duty 102B Acquisition statement 102C Recovery from entity Division 4—Miscellaneous 102D Valuation of interest under contract or option to purchase land 102E Separation of statutory funds held by life companies 102F Exempt transactions and related matters 102G Multiple incidences of duty 102GA Operation of Part as in force after 1 July 2016 Part 4AA—Corporate group exemptions 102H Interpretation 102I Direct and indirect interests 102J Parent corporations and corporate groups 102K Transactions to which this Part applies 102L Exemption from duty 102M Application for exemption 102N Conditions of exemption 102O Revocation of exemption 102P Duty payable if transaction ceases to be exempt Part 4A—Abolition of various duties Division 3—Abolition of duty on conveyance or transfer of property other than land 104B Application of Division 104C Abolition of duty on conveyance or transfer of property other than land 104D Relevant rates 104E Non-derogation provision 104EA Application of Division as in force before 1 July 2016 Division 6—Abolition of duty on designated real property transfers 105A Abolition of duty on designated real property transfers Part 5—Miscellaneous provisions 106 Spoiled or unused stamps 107 Transfer of property to correct error 108 Penalties for certain offences 109 Anti-avoidance provision 111 Remedy for misappropriation 112 Regulations 114 Exemption from stamp duty Schedule 1—Transitional provisions 1 Commencement of consequential regulations 2 No refund of duty on cheque forms Schedule 2—Stamp duties and exemptions Part 1—Specified instruments Part 2—General exemptions from all stamp duties 16 General exemptions Schedule 3—Concessional duty on purchases of off‑the‑plan apartments—Area B Legislative history The Parliament of South Australia enacts as follows: