Western Australian Consolidated Acts

ADVANCE BANK (MERGER WITH ST.GEORGE BANK) (TAXING) ACT 1998 - SECT 4

4 .         Payment of amount equal to State taxes and charges

        (1)         SGB is to pay to the Treasurer an amount that is, in the opinion of the Treasurer, equal to the amount of all taxes, duties and charges for which SGB or ABAL would have been liable under the law of the State if the translated assets and translated liabilities had become assets and liabilities of SGB as the result of an ordinary commercial transaction rather than by operation of the NSW Regulation.

        (2)         The reference to charges in subsection (1) does not include any fee or charge payable to the Registrar of Titles or Registrar of Deeds and Transfers in respect of any act, dealing or other transaction relating to land.