sec.24Rates of transfer duty

### sec.24 Rates of transfer duty The rate of transfer duty imposed on a dutiable transaction that is the transfer, or an agreement for the transfer, of an existing right of a holder of the following is $5— a mortgage, including the debt secured by the mortgage, that is solely over land in Queensland; another mortgage, including the debt secured by the mortgage, that is incidental to, and transferred in connection with, a mortgage mentioned in paragraph (a) (a primary mortgage ) if the primary mortgage is the principal security held by the transferor. The rate of transfer duty imposed on another dutiable transaction is stated in schedule 3 , column 2, opposite the dutiable value of the transaction in schedule 3 , column 1. s 24 amd 2002 No. 65 s 7 ; 2004 No. 18 s 4 ; 2006 No. 44 s 18 (sec.24-ssec.1) The rate of transfer duty imposed on a dutiable transaction that is the transfer, or an agreement for the transfer, of an existing right of a holder of the following is $5— a mortgage, including the debt secured by the mortgage, that is solely over land in Queensland; another mortgage, including the debt secured by the mortgage, that is incidental to, and transferred in connection with, a mortgage mentioned in paragraph (a) (a primary mortgage ) if the primary mortgage is the principal security held by the transferor. (sec.24-ssec.2) The rate of transfer duty imposed on another dutiable transaction is stated in schedule 3 , column 2, opposite the dutiable value of the transaction in schedule 3 , column 1. - (a) a mortgage, including the debt secured by the mortgage, that is solely over land in Queensland; - (b) another mortgage, including the debt secured by the mortgage, that is incidental to, and transferred in connection with, a mortgage mentioned in paragraph (a) (a primary mortgage ) if the primary mortgage is the principal security held by the transferor.