QLDIn ForceAct
Duties Act 2001
sec.15When unencumbered value of property is determined
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### sec.15 When unencumbered value of property is determined
The unencumbered value of dutiable property is determined—
for a dutiable transaction that is the surrender of the property—immediately before the surrender; or
for another dutiable transaction—when the liability for transfer duty arises.
- (a) for a dutiable transaction that is the surrender of the property—immediately before the surrender; or
- (b) for another dutiable transaction—when the liability for transfer duty arises.