QLDIn ForceAct
Duties Act 2001
sec.147Exemption—surrender of lease
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### sec.147 Exemption—surrender of lease
Transfer duty is not imposed on a dutiable transaction that is a surrender of a lease of land in Queensland if—
there is no premium, fine or other consideration paid or payable for the surrender; or
any premium, fine or other consideration paid or payable for the surrender is paid by the lessor.
- (a) there is no premium, fine or other consideration paid or payable for the surrender; or
- (b) any premium, fine or other consideration paid or payable for the surrender is paid by the lessor.