Eligible impacted properties: Loose-fill asbestos buyback concession scheme

If you’re eligible and you surrender your property under the voluntary Asbestos Eligible Impacted Properties Buyback Concession Scheme, you’re entitled to a duty concession when you buy another home in the ACT. The maximum value of the concession will be equal to the amount of duty that would have been payable on the purchase of the eligible impacted property.

For full details on the scheme visit the Eligible impacted properties: Loose-fill asbestos buyback concession scheme.

Are you the owner of an impacted lease located in the ACT surrendered to the Territory?

All concessions and exemption applications at the ACT Revenue Office are self-assessed. You are obligated to ensure that all the eligibility criteria have been met (or will be met) before applying for any concession or exemption code in the Buyer Verification Declaration.

You should undertake your own inquiries into the eligibility requirements. This may include obtaining information from this website, legislation, or independent professional advice.