QLDIn ForceAct
Duties Act 2001
sec.659Application of Administration Act , pt 6 —farm-in agreements
Start here
Get a plain-English read of sec.659
Turn the raw legal text into a practical explanation grounded in Duties Act 2001.
### sec.659 Application of Administration Act , pt 6 —farm-in agreements
This section applies if liability for transfer duty arose and was assessed during the retrospectivity period for a dutiable transaction that was—
a farm-in agreement; or
a transfer of an interest in an exploration authority under a farm-in agreement.
Despite the Administration Act , section 65 (1) (d) , the person liable for transfer duty on the agreement may object to the assessment within 30 days after the commencement.
s 659 ins 2015 No. 4 s 43
(sec.659-ssec.1) This section applies if liability for transfer duty arose and was assessed during the retrospectivity period for a dutiable transaction that was— a farm-in agreement; or a transfer of an interest in an exploration authority under a farm-in agreement.
(sec.659-ssec.2) Despite the Administration Act , section 65 (1) (d) , the person liable for transfer duty on the agreement may object to the assessment within 30 days after the commencement.
- (a) a farm-in agreement; or
- (b) a transfer of an interest in an exploration authority under a farm-in agreement.