Western Australian Consolidated Acts

STAMP ACT 1921 - SECT 73AB

73AB .         Duty on conveyance to correct error

                If the Commissioner is satisfied that —

            (a)         a conveyance or transfer of property (the correcting transfer ) is solely for the purpose of correcting the effect of an error in respect of —

                  (i)         the contract or agreement for the sale of that property; or

                  (ii)         a previous conveyance or transfer of that or other property;

            (b)         no additional consideration is paid or payable in respect of the correcting transfer; and

            (c)         the correcting transfer passes an interest in the property only to the extent necessary to correct the effect of the error,

                the correcting transfer shall be charged with duty in accordance with item 6 of the Second Schedule.

        [Section 73AB inserted by No. 66 of 2003 s. 30.]