Australian Capital Territory Numbered Acts

REVENUE LEGISLATION AMENDMENT ACT 2016 (NO. 47 OF 2016) - SECT 25

New section 36 (1) (aa)

insert

        (aa)     if, 2 years after the qualifying development application for the parcel is made, development has not started, or has started but has not materially affected the ability to use the parcel for the purposes permitted by the lease—the 1st day after the end of the 2-year period;