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Home/Legislation/Duties Act 1997/219

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Duties Act 1997

219Additional advances of not more than $10,000 in 12 months

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#### 219 Additional advances of not more than $10,000 in 12 months 219 Additional advances of not more than $10,000 in 12 months > Duty is not chargeable on additional advances secured by or under a mortgage if the total of the additional advances so secured does not exceed $10,000 in any 12-month period, not being the period of 12 months following the making of the initial advance.

Previous section218DConcession for advances charged with duty under corresponding Acts Next section220Refinancing of loans

Section 219 - Duties Act 1997 - Additional advances of not more than $10,000 in 12 months — Zoe