Australian Capital Territory
Duties (Commercial Lease with Premium) Determination 2014 (No 1)
Disallowable instrument DI2014-49
made under the
Duties Act 1999, s 6A (Meaning of commercial lease with premium)

1	Name of instrument
This instrument is the Duties (Commercial Lease with Premium) Determination 2014 (No 1).
2	Commencement
This instrument commences on 29 April 2014.
3	Premium threshold 
For the purposes of section 6A(1) of the Duties Act 1999, a commercial lease with premium will become liable for duty on the entire premium component once the consideration paid exceeds 25 per cent above market rent over the term of the lease. 

Kim Salisbury 	
Commissioner for ACT Revenue 

16 April 2014