Section 65 — Liability of joint trustees — Duties Act 2001 (Queensland) — Barrister AI

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Section 65 — Liability of joint trustees — Duties Act 2001 (Queensland) — Barrister AI

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s 64Liability to pay transfer duty on creation or termination of trust s 65Liability of joint trustees s 66When no transfer duty on trust acquisition or trust surrender s 67Parties to trust acquisition and trust surrenderSchedule 2 — When liability for transfer duty on dutiable transaction arises Schedule 4C — Rate of vehicle registration duty other than for special vehicles Schedule 3 — Rates of duty on dutiable transactions and relevant acquisitions for landholder and corporate trustee duty Schedule 4 — Example for partnership and trust acquisitions and relevant acquisitions for corporate trustees Schedule 6 — Dictionary Schedule 4A — Amount of concession for transfer duty—first home other than new home—residential land Schedule 5 — Example for corporate reconstruction

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s 65

Liability of joint trustees

In force

Chapter 2—Transfer duty

Part 8—Dutiable transactions relating to trusts

Division 6—Liability to transfer duty

65 Liability of joint trustees

If a trust has 2 or more trustees, the trustees are jointly and severally liable for any transfer duty imposed.

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