QLDIn ForceAct
Duties Act 2001
sec.156UFormer owner may recover proceeds of sale as debt
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### sec.156U Former owner may recover proceeds of sale as debt
The amount equal to the proceeds of the sale of land under the order to sell less an amount paid under section 156S (d) is a debt payable to the former owner of the land by the persons liable to pay the outstanding liability for which the order was made.
The former owner may recover the debt in a court of competent jurisdiction.
In this section—
former owner , of land sold under the order to sell, means the person who owned the land immediately before its sale.
s 156U ins 2015 No. 4 s 19
(sec.156U-ssec.1) The amount equal to the proceeds of the sale of land under the order to sell less an amount paid under section 156S (d) is a debt payable to the former owner of the land by the persons liable to pay the outstanding liability for which the order was made.
(sec.156U-ssec.2) The former owner may recover the debt in a court of competent jurisdiction.
(sec.156U-ssec.3) In this section— former owner , of land sold under the order to sell, means the person who owned the land immediately before its sale.