QLDIn ForceAct
Duties Act 2001
sec.49Application of pt 8
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### sec.49 Application of pt 8
This part applies to all expressly or intentionally created trusts, regardless of how they are created.
However, this part does not apply to a trust acquisition or trust surrender of a trust interest in a public unit trust other than a majority trust acquisition in a land holding trust.
For subsection (2) , see division 7 (Public unit trusts), subdivisions 7 (Majority trust acquisitions in land holding trusts) and 8 (Indirect trust interests).
An acquisition of an interest in a listed unit trust that is a landholder may be dutiable under chapter 3 , part 1 (Landholder duty).
s 49 amd 2011 No. 20 s 59
(sec.49-ssec.1) This part applies to all expressly or intentionally created trusts, regardless of how they are created.
(sec.49-ssec.2) However, this part does not apply to a trust acquisition or trust surrender of a trust interest in a public unit trust other than a majority trust acquisition in a land holding trust. For subsection (2) , see division 7 (Public unit trusts), subdivisions 7 (Majority trust acquisitions in land holding trusts) and 8 (Indirect trust interests). An acquisition of an interest in a listed unit trust that is a landholder may be dutiable under chapter 3 , part 1 (Landholder duty).
- 1 For subsection (2) , see division 7 (Public unit trusts), subdivisions 7 (Majority trust acquisitions in land holding trusts) and 8 (Indirect trust interests).
- 2 An acquisition of an interest in a listed unit trust that is a landholder may be dutiable under chapter 3 , part 1 (Landholder duty).