Western Australian Consolidated Acts

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STAMP ACT 1921 - SECT 75JBA

75JBA .         Operation of claw-back: application for pre-determination in certain cases

        (1)         Terms used in this section have the same meanings as they have in section 75JB.

        (2)         If a cessation of ownership or voting control referred to in section 75JB(5f)(a) or (b) is proposed or contemplated in circumstances where a controlling body will continue to own and have voting control of B, a person acting on behalf of B, the parent body or the controlling body, may request the Commissioner to determine whether in those circumstances the Commissioner would, under section 75JB(5g), approve the controlling body and waive the claw-back.

        (3)         The request shall be in an approved form.

        [(4)         deleted]

        (5)         If the Commissioner is given sufficient information to do so the Commissioner shall make the requested determination.

        (6)         If the Commissioner determines that the controlling body would be approved and the claw-back waived then, on an application under section 75JB(5g), the Commissioner shall approve the controlling body and waive the claw-back unless the Commissioner is of the opinion that in relation to the request for a determination there was not a full and true disclosure of relevant information and evidence.

        [Section 75JBA inserted by No. 29 of 2000 s. 7; amended by No. 2 of 2003 s. 78; No. 66 of 2003 s. 51.]



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