56SLiability for duty

56S Liability for duty (1) Where a statement is required to be lodged under section 56K: (a) the person who is required to lodge the statement; and (b) the corporation in which the interest is acquired; and (c) any related person with whose interest the person's interest is aggregated; are jointly and severally liable for the duty chargeable under this Division. (3) If: (a) an agreement to purchase land by a corporation or a linked entity of a corporation is not completed but duty has been assessed and imposed under this Division as if the corporation or linked entity owned the land; or (b) an agreement to sell land by a corporation or a linked entity of a corporation is completed but duty has been assessed and imposed under this Division before the completion of the agreement as if the corporation or linked entity owned the land, the Commissioner must reassess the duty imposed and, in doing so, must disregard the land for the purposes of determining whether the corporation is a land-holding corporation and assessing duty payable. (5) Subsection (3) does not apply if an agreement referred to in that subsection is a tax avoidance scheme or part of a tax avoidance