The Qld Office of State Revenue (OSR) has revised a number of Public Ruling following the recent enactment of the Revenue Amendment and Trade and Investment Queensland Act 2013 (Qld) which made a number of amendments to the Duties Act 2001 (Qld):
- DA000.3.3 (Securitisation transactions);
- DA075.1.2 (Pooled superannuation trusts may qualify as pooled public investment unit trusts);
- DA075.2.2 (Certain unregistered managed investment schemes);
- DA085.2.2 (Transfer duty – relief for certain vacant land concession beneficiaries);
- DA130I.1.2 (Extension of duty exemptions for mortgage-backed and asset-backed securities to covered bonds); and
- DA152.1.2 (Correcting a clerical error in a previous transfer).
The OSR has also issued new Public Ruling DA152A.1.1 (Correcting a clerical error in a previous transfer – misdescription of the property).
The Rulings took effect on 24 June 2013.
[LTN 122, 27/6/13]