Grant of certain Crown leases on surrender of development lease

Conveyance duty is not imposed on the grant of a Crown lease (new Crown lease) on the surrender of a development lease if:

A development lease is a Crown lease that is expressed to be granted for the purpose of developing the land comprised in the lease for subdivision and resale.

Have you been granted a new Crown lease (a new lease) on the surrender of a development lease in the ACT?

Development lease is a Crown lease that is expressed to be granted for the purpose of developing the land comprised in the lease for subdivision and resale.