Western Australian Consolidated Acts Western Australian Consolidated Acts In this
Subdivision —
cut-off date , of a special eligible transaction
that is a class 6 or class 7 eligible transaction, means whichever is the
later of —
(a)
31 December 2009; or
(b) such
date, if any, as is prescribed for the purposes of this definition;
established home means a home that is not a new
home or a substantially renovated home;
new home means a home that has not been previously
occupied or sold as a place of residence;
relevant date of a special eligible transaction
means —
(a) in
relation to a class 1 eligible transaction — 1 May 2003;
or
(b) in
relation to a class 2 eligible transaction —
1 January 2004; or
(c) in
relation to a class 3 eligible transaction — 1 July 2004;
or
(da) in
relation to a class 5 eligible transaction —
1 April 2011; or
(d) in
relation to a class 7 eligible transaction — the date that is
18 months after the cut-off date applicable at the commencement date of
the eligible transaction;
special eligible transaction means an eligible
transaction of a class referred to in section 14B;
substantially renovated home means a renovated
home that is the subject of a contract for purchase where —
(a) the
sale of the home under that contract is, under the A New Tax System
(Goods and Services Tax) Act 1999 (Commonwealth), a taxable supply as a
sale of new residential premises within the meaning of
section 40-75(1)(b) of that Act; and
(b) the
home, as so renovated, has not been previously occupied or sold as a place of
residence.
[Section 14A inserted by No. 27 of 2009
s. 4.]