Western Australian Consolidated Acts Western Australian Consolidated Acts (1) Subject to
section 73CA and subsection (3), a person who acquires a majority
interest or a further interest in a registered unit trust scheme must, within
2 months after the acquisition, lodge a statement with the Commissioner
in respect of the disposition or dispositions that resulted in the acquisition
of that interest and in respect of which duty is chargeable under
section 73D because of section 73DC.
Penalty: $20 000.
(2) A dutiable
statement must be prepared in an approved form.
(3) If a majority
interest or a further interest in a registered unit trust scheme is acquired
by a person and one or more related persons, subsection (1) is taken to
be complied with if one of those persons lodges a dutiable statement under
that subsection on behalf of all those persons.
(4) A dutiable
statement lodged under subsection (1) is taken to be an instrument
evidencing the disposition or dispositions in respect of which it is lodged
and is chargeable with duty to the extent that duty chargeable on that
disposition or those dispositions under section 73D because of
section 73DC has not been paid.
[Section 73DE inserted by No. 66 of 2003
s. 33; amended by No. 12 of 2008 s. 11.]