Amended s19 of Duties act 2001, re consideration for transfer of dutiable property.
Inserted division 2C, pre-completion duty concession under part 5, concessional rate of duty of chapter 2 of Duties act 2001, where div 2C covers extension of eligible periods, eligible buyers, eligible dwelling, eligible transaction, pre-completion duty concession.
Land Tax Act Amendments
Amended section 38 of the Land tax act 2001 regarding special rate of land tax.
Effectiveness
The amendments act is effective from Jul. 1, 2024 to Jun. 30, 2025.