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COMMUNITY AMBULANCE COVER LEVY REPEAL AND REVENUE AND OTHER LEGISLATION AMENDMENT ACT 2011 No. 20 - SECT 104

104 Amendment of s 189 (Exemption—particular share issues)

(1) Section 189, heading, after 'share'—

insert—

'or unit'.

(2) Section 189(1)â€

omit, insert—

'(1) Landholder duty is not imposed on an acquisition by a person of an interest on the initial allotment of shares or units on the registration of a corporation or the establishment of a listed unit trust.'.

(3) Section 189(2) and (3), 'land rich'—

omit, insert—

'landholder'.

(4) Section 189(2) and (3), after 'the corporation'—

insert—

'or trust'.

(5) Section 189(2)(a), (3) and (4), definition dealing, after 'shares'—

insert—

'or units'.

(6) Section 189(2)(d), after 'shareholder'—

insert—

'or unit holder'.

(7) Section 189(3)(a) to (c), after 'shareholders'—

insert—

'or unit holders'.



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