QLDIn ForceAct
Duties Act 2001
sec.172Value of land-holdings held for a partnership
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### sec.172 Value of land-holdings held for a partnership
If an entity’s land-holdings include land-holdings held for a partnership of which the entity is a partner, the unencumbered value of those land-holdings must be included in working out the unencumbered value of the entity’s land-holdings regardless of the entity’s interest in the partnership.
s 172 prev s 172 om 2011 No. 20 s 84
pres s 172 ins 2019 No. 20 s 11