Western Australian Numbered Acts

DUTIES ACT 2008 (NO. 11 OF 2008) - SECT 192

192 .         Meaning of “excluded interest” for section 191

                The reference in section 191 to an excluded interest is to an interest in the landholder concerned that is part of the interest of the acquirer, being —

            (a)         an interest that was held by the person or a related person, or by the person and a related person, before the day that is 3 years before the day on which the relevant acquisition occurred; or

            (b)         an interest acquired by a relevant acquisition that occurred on or after the day referred to in paragraph (a) if duty was chargeable in respect of that acquisition; or

            (c)         an interest referred to in section 190(1)(b).

        Note:         The operation of this section is modified if the day paragraph (a) refers to is before 1 July 2008: see Schedule 3 clause 13(2).