Western Australian Consolidated Acts

STAMP ACT 1921 - SECT 75JH

75JH .         Revoking an exemption

        (1)         If the Commissioner determines that an instrument, or a Part IIIBA statement, that has been exempted from duty under this Part is part of a scheme or arrangement entered into or carried out by a person —

            (a)         a purpose of which is to avoid or reduce duty on an instrument or a Part IIIBA statement or duty under Part IIIC; or

            (b)         the sole or dominant purpose of which is to avoid or reduce tax other than duty,

                the Commissioner may revoke the exemption or, if an exemption certificate has been issued in relation to the instrument, the certificate.

        (2)         If an exemption or certificate is revoked under subsection (1), section 75JE or 75JF, as the case requires, applies to the instrument or Part IIIBA statement concerned.

        [Section 75JH inserted by No. 12 of 2008 s. 18.]

        [Heading inserted by No. 33 of 1987 s. 22.]

        [Heading inserted by No. 33 of 1987 s. 22; amended by No. 11 of 2004 s. 16.]