Previously, liability for landholder duty rested with the person acquiring the interest in the landholder, as well as several and joint liability for associated persons of the acquirer who also held an interest in the landholder.
That joint liability has now been extended to the landholder, and to any persons whose interest is aggregated to work out whether the acquisition is a dutiable transaction. The Act also stipulates that the liability of a landholder grants a charge over the land so that a Caveat can be registered in the event the liability is not repaid.