sec.146Exemption—leases of particular residences

### sec.146 Exemption—leases of particular residences Transfer duty is not imposed on an acquisition of a new right that is a lease of land in Queensland if— the new right is an instrument that is— a lease of a dwelling house; or a site agreement; and the leased premises are not used for carrying on a business or commercial venture; and there is no premium, fine or other consideration payable for the grant of the new right. In this section— leased premises includes the land the subject of a site agreement. s 146 sub 2002 No. 65 s 18 amd 2005 No. 60 s 8 (sec.146-ssec.1) Transfer duty is not imposed on an acquisition of a new right that is a lease of land in Queensland if— the new right is an instrument that is— a lease of a dwelling house; or a site agreement; and the leased premises are not used for carrying on a business or commercial venture; and there is no premium, fine or other consideration payable for the grant of the new right. (sec.146-ssec.2) In this section— leased premises includes the land the subject of a site agreement. - (a) the new right is an instrument that is— (i) a lease of a dwelling house; or (ii) a site agreement; and - (i) a lease of a dwelling house; or - (ii) a site agreement; and - (b) the leased premises are not used for carrying on a business or commercial venture; and - (c) there is no premium, fine or other consideration payable for the grant of the new right. - (i) a lease of a dwelling house; or - (ii) a site agreement; and