Western Australian Numbered Acts

DUTIES ACT 2008 (NO. 11 OF 2008) - SECT 104

104 .         No exemption for subsequent transactions for the same farming property within 5 years

                Despite section 103, duty is chargeable on a transaction (a "subsequent transaction") that would otherwise be an exempt family farm transaction if —

            (a)         duty was not charged on an exempt family farm transaction (the "first transaction"); and

            (b)         liability to duty on the subsequent transaction arose —

                  (i)         within 5 years of the first transaction; and

                  (ii)         the transaction relates, in the opinion of the Commissioner, to the same farming property that was the subject of the first transaction.