sec.285Exemption—mortgages under particular Acts

### sec.285 Exemption—mortgages under particular Acts Mortgage duty is not imposed on the following instruments— a mortgage given to secure an advance to a co-operative under the Co-operatives National Law (Queensland) whose members are primary producers, if the mortgage secures advances to finance— the acquisition of primary produce; or payments to suppliers on account of primary produce marketed for the suppliers; or working or other expenses, other than capital expenses, incidental to the acquisition, processing or marketing of primary produce; a mortgage given to secure an advance to a parents and citizens association formed under the Education (General Provisions) Act 2006 ; a mortgage given by a society registered as a cooperative housing society under the Financial Intermediaries Act 1996 to secure— an advance made, or to be made to the society, by the Treasurer; or an advance guaranteed by the Treasurer and made, or to be made, to the society by— a financial institution; or another entity prescribed under a regulation; a mortgage given to secure an advance made by the Brigalow Corporation under the Land Act 1994 , chapter 8 , part 7A ; a mortgage of a tenure, or interest in a tenure, under the Offshore Minerals Act 1998 ; a mortgage of, or a mortgage of an interest in, an access authority, licence, permit or pipeline licence under the Petroleum (Submerged Lands) Act 1982 . s 285 amd 2006 No. 39 s 512 (1) sch 1 ; 2014 No. 33 s 105 ; 2020 No. 18 s 65 s ch 1 pt 2 - (a) a mortgage given to secure an advance to a co-operative under the Co-operatives National Law (Queensland) whose members are primary producers, if the mortgage secures advances to finance— (i) the acquisition of primary produce; or (ii) payments to suppliers on account of primary produce marketed for the suppliers; or (iii) working or other expenses, other than capital expenses, incidental to the acquisition, processing or marketing of primary produce; - (i) the acquisition of primary produce; or - (ii) payments to suppliers on account of primary produce marketed for the suppliers; or - (iii) working or other expenses, other than capital expenses, incidental to the acquisition, processing or marketing of primary produce; - (b) a mortgage given to secure an advance to a parents and citizens association formed under the Education (General Provisions) Act 2006 ; - (c) a mortgage given by a society registered as a cooperative housing society under the Financial Intermediaries Act 1996 to secure— (i) an advance made, or to be made to the society, by the Treasurer; or (ii) an advance guaranteed by the Treasurer and made, or to be made, to the society by— (A) a financial institution; or (B) another entity prescribed under a regulation; - (i) an advance made, or to be made to the society, by the Treasurer; or - (ii) an advance guaranteed by the Treasurer and made, or to be made, to the society by— (A) a financial institution; or (B) another entity prescribed under a regulation; - (A) a financial institution; or - (B) another entity prescribed under a regulation; - (d) a mortgage given to secure an advance made by the Brigalow Corporation under the Land Act 1994 , chapter 8 , part 7A ; - (e) a mortgage of a tenure, or interest in a tenure, under the Offshore Minerals Act 1998 ; - (f) a mortgage of, or a mortgage of an interest in, an access authority, licence, permit or pipeline licence under the Petroleum (Submerged Lands) Act 1982 . - (i) the acquisition of primary produce; or - (ii) payments to suppliers on account of primary produce marketed for the suppliers; or - (iii) working or other expenses, other than capital expenses, incidental to the acquisition, processing or marketing of primary produce; - (i) an advance made, or to be made to the society, by the Treasurer; or - (ii) an advance guaranteed by the Treasurer and made, or to be made, to the society by— (A) a financial institution; or (B) another entity prescribed under a regulation; - (A) a financial institution; or - (B) another entity prescribed under a regulation; - (A) a financial institution; or - (B) another entity prescribed under a regulation;