Western Australian Consolidated Acts (1) In this
section —
applicant , in relation to a transaction, means a
person who made an application in respect of the transaction;
licensed valuer means a person licensed under the
Land Valuers Licensing Act 1978 .
(2) For the purposes
of determining whether a transaction is an eligible transaction, the
Commissioner may —
(a) have
a valuation made of any property or consideration; or
(b)
adopt any available valuation of the property or consideration by a licensed
valuer that the Commissioner considers appropriate.
(3) The Commissioner
may have a valuation made, or adopt a valuation, regardless of
whether —
(a) the
Commissioner has required the applicant to provide information under
section 40 about the value of the property or consideration; or
(b) the
applicant has complied with such a requirement.
[Section 41A inserted by No. 27 of 2009
s. 13.]