Western Australian Numbered Acts

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DUTIES ACT 2008 (NO. 11 OF 2008) - SECT 261

261 .         Pre-determining certain questions

        (1)         In this section —

        “pre-transaction decision request” means a request made under subsection (2), (3) or (4).

        (2)         A person proposing to enter into a relevant transaction may ask the Commissioner to decide whether, if the transaction were entered into, it would be exempted.

        (3)         A person proposing to enter into a relevant transaction may ask the Commissioner to decide whether, if the transaction were entered into and exempted, the Commissioner, under section 265, would revoke the exemption.

        (4)         A person proposing to enter into a transaction may ask the Commissioner to decide whether, if the transaction were entered into, the Commissioner, under section 265, would revoke the exemption granted for a relevant transaction.

        (5)         A pre-transaction decision request must be made in the approved form.

        (6)         The Commissioner may, as often as the Commissioner thinks fit, ask a person that has made a pre-transaction decision request for any information the Commissioner needs to make the decision requested.

        (7)         The Commissioner may refuse a pre-transaction decision request if —

            (a)         the transaction to which the request relates has been entered into; or

            (b)         the request does not differ materially from another pre-transaction decision request that was made previously; or

            (c)         a request made by the Commissioner under subsection (6) is not satisfied.

        (8)         If the Commissioner is given the information needed to make the decision requested in a pre-transaction decision request, the Commissioner must make the decision and give written notice of it to the person that made the request.

        (9)         In making a decision requested in a pre-transaction decision request, the Commissioner may have regard to —

            (a)         information provided by the person that made the request; and

            (b)         any other matter the Commissioner considers relevant.

        (10)         If the Commissioner makes a decision on a pre-transaction decision request in relation to a transaction, and the transaction is subsequently entered into, the Commissioner is bound by the decision in respect of the transaction unless —

            (a)         the transaction, or any circumstance relating to it, differs materially from the transaction or circumstances to which the request related; or

            (b)         any information relevant to the transaction, or to any circumstance relating to it, differs materially from the information given to the Commissioner in relation to the request; or

            (c)         the Commissioner considers that there was not a full and true disclosure to the Commissioner of information in relation to the request.



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