Developers often want to acquire land comprised of several parcels (where parcels may be held by different owners or have different tax provenances) while maintaining a desire to pay by instalments and keep maximum flexibility.

This session will consider important aspects of Property Development Applications (PDAs) such as:

• Inclusion of provisions for instalments
• Dealing with parcels having different tax provenance (eg margin scheme, MRE or active asset)
• Whether it matters if a parcel is on the vendor’s revenue account or capital account; and
• Other important issues.