56CInterpretation

56C Interpretation acquire, in relation to an interest or a shareholding in a land- holding corporation, includes acquire the interest or shareholding in any of the following ways: (a) the allotment or issue of a share, not being the issue of a share to a member on registration of the corporation; (b) the redemption, surrender or cancellation of a share; (c) the variation, abrogation or alteration of a right pertaining to a share; (ca) the payment of an amount owing for a share; (cb) a declaration of trust over shares; (cc) if shares are held subject to a discretionary trust – the addition of a beneficiary or class of beneficiaries to the existing beneficiaries under the trust; (cd) if shares are held subject to a discretionary trust – a change in control of a corporate beneficiary under the trust and a change in control of the trust if both changes: (i) occur within a 12 month period; and (ii) arise from (or substantially from) one transaction or one series of transactions; (ce) a statutory vesting of shares; (cf) a merger vesting of shares; but does not include an acquisition: (d) that occurs solely as the result of: (i) the appointment of a receiver or trustee in bankruptcy; or (ii) the appointment of a liquidator; or

Stamp Duty Act 1978 49 (iii) the making of a compromise or arrangement under