Scott McGill


Session 5.2: Is your PDA fit for purpose?

Speaker: Scott McGill, CTA, Pitcher Partners

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.