Below is a selection of exemptions and concessions from Chapter 4, Part 4 of the Duties Act 1997.
Exempt acquisitions may include:
For exempt acquisitions, made on or after 24 June 2020, complete and lodge an Exempt Acquisition Statement: Acquisition of an Interest in a Landholder (ODA 047) (PDF, 347 KB) within three months of your acquisition.
For a relevant acquisition made before 24 June 2020, email your request for the appropriate form.
A primary producer is a landholder whose landholdings, anywhere in the world, wholly or predominantly comprise land used for primary production.
If you acquire an interest in a ‘primary producer’, you must complete and submit an Acquisition Statement: Acquisition of an Interest in a Primary Producer (ODA 043C) (PDF, 495 KB) within three months of your acquisition.
Duty will not be charged in respect of an acquisition of an interest in a primary producer if, when the acquisition is made, the primary producer:
If the landholder stops being a primary producer at any time within five years of the acquisition, the concession is withdrawn and duty will be charged on the date when the landholder stopped being a primary producer.
If you haven't found the answer to your questions about landholder duty and how it applies to you, contact us.