Queensland Consolidated Acts Queensland Consolidated Acts(1) Transfer duty is not imposed on a transfer of dutiable property from a person as vendor to another person as primary custodian for the responsible entity of a registered managed investment scheme.
(2) However, subsection (1) applies only if—
(a) the transfer is made under a dutiable transaction that is the agreement for the transfer of the property entered into between the person as vendor and the responsible entity as purchaser; and
(b) the property is acquired by the responsible entity as scheme property; and
(c) transfer duty imposed on the transaction has been paid.