Queensland Consolidated Acts(1) This chapter imposes duty (mortgage duty) on instruments that are mortgages, particular caveats claiming an interest under mortgages and particular releases of mortgages.
Note—
Concessions and exemptions for mortgage duty are dealt with in parts 6 and 7. Also, other exemptions are dealt with in chapter 10.
(2) Mortgage duty is imposed on the amount secured by a mortgage.
Editor's note—
See part 4 (Amount secured by a mortgage).