Western Australian Numbered Acts Western Australian Numbered Acts (1) For the purposes
of this Chapter, but subject to section 173(4)(c), the time when an
acquisition of an interest in a landholder occurs is to be determined under
this section.
(2) If there is an
agreement for the making of the acquisition, whether conditional or not, and
subsection (3) does not apply, the acquisition occurs when the agreement
is made.
Note: Section 196
provides for the reassessment of duty if an agreement referred to in this
subsection is not completed.
(3) If there is an
agreement for the making of the acquisition, whether conditional or not, and
the entity concerned is not a landholder when the agreement is made but is a
landholder when the agreement is completed, the acquisition occurs when the
agreement is completed.
(4) If
subsections (2) and (3) do not apply, the acquisition occurs when
the interest to which it relates is acquired.