Victorian Numbered Acts

STATE TAXATION ACTS AMENDMENT ACT 2020 (NO. 47 OF 2020) - SECT 9

    (1)     In section 57JB of the Duties Act 2000 —

        (a)     for "the requirements for a transferee in respect of a PPR transfer are" substitute "the first requirement for a transferee in respect of a PPR transfer is";

        (b)     in paragraph (b)(ii), for "that Act." substitute "that Act; or";

        (c)     after paragraph (b) insert —

    "(c)     in the case of land referred to in section 57H(1)(b), would be payable under section 7 of the First Home Owner Grant Act 2000 if—

              (i)     at the date of the transfer, there was a new home on the land; and

              (ii)     section 12 of that Act did not apply.".

    (2)     At the end of section 57JB of the Duties Act 2000 insert —

    "(2)     For the purposes of section 57JA, the second requirement for a transferee in respect of a PPR transfer is that neither the transferee nor the transferee's partner has received an exemption or concession under that section in relation to an earlier transfer.".