QLDIn ForceAct
Duties Act 2001
sec.654Application of existing s 123 concession
Start here
Get a plain-English read of sec.654
Turn the raw legal text into a practical explanation grounded in Duties Act 2001.
### sec.654 Application of existing s 123 concession
This section applies to a dutiable transaction to which section 123 applies if, before the day this section commences, a concession for transfer duty has been provided under chapter 2, part 10 for the dutiable property the subject of the distribution.
Section 123, as in force immediately before the day this section commences, continues to apply in relation to the dutiable transaction.
s 654 ins 2014 No. 35 s 12
(sec.654-ssec.1) This section applies to a dutiable transaction to which section 123 applies if, before the day this section commences, a concession for transfer duty has been provided under chapter 2, part 10 for the dutiable property the subject of the distribution.
(sec.654-ssec.2) Section 123, as in force immediately before the day this section commences, continues to apply in relation to the dutiable transaction.