Western Australian Consolidated Acts Western Australian Consolidated Acts (1) If a hirer hires
goods under a hire of goods from a person who is not a commercial hire
business and the total amount of hiring charges paid or payable for the hire
of the goods is at least $1 000, the hirer must prepare a statement that
includes particulars of the following —
(a) the
name and address of each party to the hire;
(b) a
description of the goods;
(c) the
commencement date and the term of the hire;
(d) the
total of the hiring charges paid or payable over the term of the hire;
(e) the
intervals at which the hiring charges are paid or payable.
(2) The statement must
be prepared at or before the earlier of —
(a) the
time that the hirer makes the first (or only) payment of hiring charges; or
(b) the
time that the hiring charges become payable.
Penalty applicable to subsections (1) and
(2): $5 000.
(3) This section does
not require a separate statement to be prepared if the hire is already
evidenced in a document that otherwise complies with this section, in which
case, the document is taken to be the statement.
(4) The hirer need not
prepare a statement under subsection (1) if the hire of goods is wholly
for private or domestic purposes.
(5) Nothing in this
section or section 112MA requires a hirer to —
(a)
prepare or lodge a statement in respect of hiring charges paid or payable on
or after 1 January 2007; or
(b) pay
duty in respect of any hiring charges paid or payable on or after
1 January 2007.
[Section 112M inserted by No. 66 of 2003
s. 85; amended by No. 31 of 2006 s. 12.]