DUTIES ACT 2001 - SECT 137
Exemption—mining, petroleum and other particular legislation
DUTIES ACT 2001 - SECT 137
Exemption—mining, petroleum and other particular legislation
137 Exemption—mining, petroleum and other particular legislation
(1) Transfer duty is not imposed on a dutiable transaction that is— (a) the
grant of a resource authority; or (b) the transfer, or an agreement for the
transfer, of a mining claim, or a share in a mining claim, under the
Mineral Resources Act 1989 if the consideration is not more than $100. (2)
Transfer duty is not imposed on a dutiable transaction that is— (a) the
grant of a tenure under the Offshore Minerals Act 1998 ; or (b) the transfer,
or agreement for the transfer, of a tenure or interest in a tenure, under that
Act. (3) Transfer duty is not imposed on a dutiable transaction that is—
(a) the grant of an access authority, licence, permit or pipeline licence
under the Petroleum (Submerged Lands) Act 1982 ; or (b) the transfer,
agreement for the transfer or surrender, of— (i) an authority, licence or
permit mentioned in paragraph (a) ; or (ii) an interest in an authority,
licence or permit mentioned in paragraph (a) . (4) Subsection (1) applies to
a dutiable transaction if liability for transfer duty arose or arises on or
after 1 March 2002.
http://www.austlii.edu.au/au/legis/qld/consol_act/da200193/s137.html