Queensland Consolidated Acts Queensland Consolidated Acts(1) This section applies to a financial arrangement, or other arrangement, entered into or made by the Queensland Treasury Corporation or an affiliate of the corporation.
(2) Subject to the conditions in subsection (3), duty is not imposed on an instrument or transaction that gives effect to, or is a part of, the arrangement.
(3) The conditions are—
(a) the corporation or affiliate must be a party to the instrument or transaction or another instrument or transaction that gives effect to, or is part of, the arrangement; and
(b) the Treasurer must certify the arrangement has as its objective—
(i) the advancement of the State's financial interests; or
(ii) the development of the State or a part of the State; or
(iii) the benefit of persons, or a class of person, resident in or having or likely to have an association with the State.
(4) In this section—
affiliate, of the Queensland Treasury Corporation, means an affiliate of the corporation under the Queensland Treasury Corporation Act 1988.
financial arrangement means a financial arrangement under the Queensland Treasury Corporation Act 1988.
Queensland Treasury Corporation means the Queensland Treasury Corporation constituted under the Queensland Treasury Corporation Act 1988.