Queensland Consolidated Acts

DUTIES ACT 2001 - SECT 414

414 Exemption—particular duties for charitable institutions

(1) Duty is not imposed on the following—

(a) a dutiable transaction under which a charitable institution acquires dutiable property;

(b) a dutiable transaction that is—

(i) the creation or termination of a trust of dutiable property for the benefit of a charitable institution; or

(ii) a trust acquisition or trust surrender by a charitable institution;

(c) a premium for general insurance for property or undertaking of a charitable institution;

(d) an application to register or transfer a vehicle in the name of a charitable institution.

(2) Subsection (1) applies only if the use requirements under division 2 are complied with.