From sladen.com.au: The New South Wales Court of Appeal upheld a decision that a water pipeline is considered an interest in land and is therefore subject to landholder duty under the Duties Act 1997 (NSW).

This determination arose from Conexa Sydney Holdings Pty Ltd’s acquisition of shares in SGSP Rosehill Network Pty Ltd, which included the pipeline.

The case confirms that a variety assets may be dutiable as interests in land, depending on their nature and the relevant legislation.