Land use entitlement
Land use entitlement means an entitlement to occupy land within NSW conferred through an ownership of shares in a company or an ownership of units in a unit trust scheme, or a combination of a shareholding or ownership of units together with a lease or licence.
Duty charged, if you acquire a 'land use entitlement" by an allotment or issue of shares
Duty is charged at the general rate if you acquire a land use entitlement.
Print and complete the relevant OSR form OSD049 for an acquisition of land use by entitlement by an allotment of shares or issue of units.
Last updated: 2008-05-09
