Form: Duties: Landholder Acquisition Statement
Description
Please note:
This SmartForm is in the process of being updated to address changes made to the Duties Act 2000 by the Commercial and Industrial Property Tax Reform Act 2024 (CIPT Act).
Until such time as the form is updated, the following additional information is to be provided by attachment if your relevant acquisition occurs pursuant to an agreement or arrangement entered into on or after 1 July 2024 and the landholder’s land holdings comprise commercial or industrial property with a "qualifying use" as defined in the CIPT Act –
- The date of the agreement or arrangement that gave rise to the relevant acquisition.
- The address and AVPC code for each relevant land holding, including the volume and folio numbers to all the certificates of title that comprise each land holding. Alternatively, you can provide a copy of the most recent rates notice relating to each relevant land holding.
- If any of the land holdings have already entered the commercial and industrial property tax reform, details of the entry transaction by which the land became tax reform scheme land. Alternatively, you can provide a copy of the property clearance certificate(s) issued in respect of the relevant land holdings confirming that they are already tax reform scheme land.
What is the purpose of this form?
The purpose of this form is to notify the SRO of a relevant acquisition made in a landholder on or after 1 July 2012. This statement does not need to be completed and lodged if, at the time of the acquisition, the total value of all land holdings in Victoria the landholder was entitled to was less than $1 million.
Who can complete this form?
The form can be completed by:
- The person who made the relevant acquisition in the landholder, or
- The landholder in which the relevant acquisition was made. If the landholder is a unit trust scheme,the trustee of the landholder, or
- A director, authorised officer or agent for either of the above.
How is this form lodged?
This form is completed and lodged online. When you have completed all relevant and mandatory information, please select submit. The information provided will then be forwarded electronically to the SRO and you will be directed to a receipt page. Please download and save a copy of the receipt from this page.
Saved forms will be retained for 15 days. If you don’t complete and submit the form within 15 days, you’ll need to start again.
Before you start, please review our SmartForm tips to help you complete this form.