3Interpretation

3 Interpretation

In these regulations –

Act means the Taxation Administration Act 1997 ;

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

business assets means land, an interest in land, or goods, which are predominantly for –

(a) the business of wholesale or retail sale of goods or services; or

(b) the business of manufacturing; or

(c) a primary production business; or

(d) purposes that are ancillary to the running of a business;

dutiable property has the same meaning as in the Duties Act 2001 ;

dutiable transaction has the same meaning as in the Duties Act 2001 ;

dutiable value, in relation to dutiable property, has the same meaning as in the Duties Act 2001 ;

interest, in relation to land, has the same meaning as in the Duties Act 2001 ;

land has the same meaning as in the Duties Act 2001 ;

subsequent transaction has the same meaning as in section 36B(3) of the Duties Act 2001 ;

unencumbered value has the same meaning as in the Duties Act 2001 .