Queensland Consolidated Acts

DUTIES ACT 2001 - SECT 124

124 Exemption—deceased person’s estate

Transfer duty is not imposed on the following dutiable transactions—

(a) a transfer, or agreement for the transfer, of dutiable property to the extent that it gives effect to a distribution in the estate of a deceased person;

(b) the creation of a trust of dutiable property to the extent that it gives effect to a distribution in the estate of a deceased person;

(c) a transfer, or agreement for the transfer, of dutiable property to the extent that it gives effect to a court order under the Succession Act 1981 , part 4 ;

(d) a vesting of dutiable property under the Succession Act 1981 , section 45 ;

(e) a vesting of dutiable property under the Aboriginal and Torres Strait Islander Land Holding Act 2013 , section 69A , including the section as it continues to apply under section 96 of that Act.

Note—

Also, see section 66 (When no transfer duty on trust acquisition or trust surrender).